NZ WINE RECORDS 23RD YEAR OF VALUE GROWTH

Exports of New Zealand wine have achieved their 23rd consecutive year of growth by value and are now worth over NZ$1 billion.

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As reported by trade body New Zealand Winegrowers in its 2018 Annual Report, the export value of New Zealand wine exports rose 2.5% in the year ending June 2018 to NZ$1.7bn, with the US accounting for NZ$500m worth.

This keeps the industry on track to hit its NZ$2bn target in 2020 the industry body went on to say.

The continued rise in value has been achieved at the same time as “muted” volume growth – in part due to smaller vintages – the report added.

John Clarke, chairman of NZ Winegrowers, said: “In the coming year we predict export growth will continue to be muted given that the 2018 vintage was smaller than we had hoped. The final outcome will also be affected heavily by the exchange rate, which is currently looking more favourable.”

Volume exports rose very slightly from 253m litres in 2017 to 255m litres.

The US is the biggest market for exports by value, the UK continues to be an important destination, the second export market in fact and one worth NZ$386m and while this is represents a slight decline versus the previous year whether this has anything to do with the impact of ‘Brexit’ is yet to be accurately determined.

Clarke continued: “The UK is the second biggest export market for New Zealand wine with $386 million in exports, and wineries will be watching closely over the next nine months to gauge the possible effects of ‘Brexit’ on international trade”.

The next biggest export markets by value are: Australia, Canada, the Netherlands and China, with the latter three seeing growth by volume and value though Australia witnessed small declines in both areas.

An article from The Drinks Business by Rupert Millar
https://www.thedrinksbusiness.com/2018/08/nz-wine-records-23rd-year-of-value-growth/

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Congratulations to the Ten new Masters of Wine

04B58BFBE9BA66E6EC0FE5289189D3CDThe Institute of Masters of Wine has named ten new Masters of Wine including the first female winemaker of Greek descent and the first female winemaker based in Spain. 

The new Masters of Wine are Almudena Alberca MW (Spain), Barbara Drew MW (UK), Olga Karapanou Crawford MW (USA), Regine Lee MW (UK), Elsa Macdonald MW (Canada), Thomas Parker MW (UK), Lindsay Pomeroy MW (USA), Nicolas Quillé MW (USA), Job de Swart MW (Netherlands) and Tim Triptree MW (UK).

There are now 380 Masters of wine, based in 30 countries.

The new Members of the IMW have proved their understanding of all aspects of wine by passing the Master of Wine examination, recognised worldwide for its rigour and high standards.

The MW examination consists of three stages, including theory and practical exams, and culminates in the submission of a final research paper, an in-depth study on a wine-related topic from any area of the sciences, arts, humanities, or social sciences.

In addition to passing the examination, all MWs are required to sign the MW code of conduct before they are entitled to use the initials MW. The code of conduct requires MWs to act with honesty and integrity and to use every opportunity to share their understanding of wine with others.

An article from The Institute of Masters of Wine
https://www.mastersofwine.org/en/news/index.cfm/id/2B15B7B1-4085-4531-9CA88131A962C9C3

The Hospices de Beaune Wine Auction – a weekend not to be missed!

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From 17-19 November, come join the party in Beaune for the 157th Hospices de Beaune Wine Auction. Although the actual sale is reserved for potential buyers, the general public can watch the proceedings in the street on a giant screen. And plenty of tastings are organized in the surrounding streets. Over the weekend, the city of Beaune is filled with shows and concerts. Local restaurants often offer special menus for the event, making for a truly magical occasion, and one definitely not to be missed!

From the Bourgogne Wine Board (BIVB)
https://www.bourgogne-wines.com/news/the-hospices-de-beaune-wine-auction-a-weekend-not-to-be-missed,2536,10366.html?&args=Y29tcF9pZD0xODY3JmFjdGlvbj12aWV3RGV0YWlsJmlkPTE3MyZ8

 

Family Frey bought Château Corton-André (in French)

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Caroline Frey, qui préside déjà à la destiné du Château La Lagune dans le bordelais et de la maison Paul Jaboulet Ainé dans la vallé du Rhône, va désormais diriger aussi une grande maison de Bourgogne, le mythique Château Corton-André que sa famille vient de racheter.
La présence de la famille Frey dans le domaine viticole remonte à ses origines champenoises. Elle détient un important vignoble dans les plus beaux crus de la Champagne ainsi qu’une participation au sein de la prestigieuse maison Billecart-Salmon. Deux autres joyaux complètent le patrimoine familial constitué au fil des années par Jean-Jacques Frey : à Bordeaux, le Château La Lagune, 3e grand cru classé 1855 et, dans la vallée du Rhône, les Domaines Paul Jaboulet Ainé, dont le fameux hermitage La Chapelle s’inscrit au panthéon des plus grands vins du monde.
Caroline, la fille ainée de Jean-Jacques Frey signe à Bordeaux comme dans la vallée du Rhône des vins de haut niveau, dans un souci permanent de qualité et de respect des terroirs.
En rachetant au groupe Béjot le Château de Corton-André (fraîchement acquis auprès du groupe Ballande et Meneret), la famille Frey arrive en Bourgogne en restant fidèle à ses valeurs d’excellence. Le Château de Corton André est emblèmatique du vignoble bourguignon. Son architecture et ses magnifiques tuiles vernissées surplombent les vignes d’Aloxe-Corton et il dispose d’un clos ainsi que d’un vignoble de sept hectares dans les prestigieuses appellations de Corton, Corton-Charlemagne, Meursault, Volnay, Pommard…
Entre un château particulièrement représentatif et des terroirs d’exception, Caroline dispose d’un joli potentiel pour vinifier de grands vins.

An article from Le Dauphine
http://www.ledauphine.com/drome/2014/08/27/tain-bourgogne-la-famille-frey-reprend-le-chateau-corton-andre

Pernod to invest in Chivas Regal to rebuild brand in China

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Pernod Ricard plans to invest more money in Chivas Regal to rebuild the blended Scotch whisky brand in China after admitting the company “made mistakes”
Speaking at a roundtable meeting in London (5 September), Laurent Lacassagne, Chivas Brothers CEO, opened up about “mistakes” made by the French drinks group when it came to Scotch whisky in China – particularly with the Chivas Regal brand.
In its latest full-year results, Pernod announced a 3% organic sales decline for Chivas Regal globally, with volume sales down 2%.
“We made some mistakes. But the whisky market in China is starting to rebuild itself,” said Lacassagne. “We believe we have the foundations to bring back brand growth in the China market.
“We will focus on China with [Chivas Regal] Extra, which currently launched on 1 September in China. We have started to significantly invest in the brand from this year. We are working in the right way.
“We are adding a new platform with sport. We believe sport is relevant for our target audience. Our target sport in China is the NBA, which is starting this autumn.”

An article from The Spirits Business by Melita Kiely
https://www.thespiritsbusiness.com/2017/09/pernod-to-invest-in-chivas-regal-to-rebuild-brand-in-china/

Sister City Marlborough Visit to Ningxia

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Marlborough Mayor John Leggett leaves for China at the end of the week to sign a formal sister-region agreement with China’s wine-growing region Ningxia.
As president of the Marlborough District Brass Band, Mr Leggett will also be an official guest at the opening ceremony of the Shanghai Tourism Festival at which the Marlborough band has been invited to perform.
In the last 18 months there have been a series of exchange visits between Marlborough and Ningxia, the aim of the relationship building is to open up educational and wine industry opportunities for the two regions.
The reciprocal visits at regional government level have led to the first Ningxia-based winemaker spending a vintage in Marlborough, the first group of Ningxia students visiting Marlborough Boys’ and Girls’ colleges and the first six Ningxia students enrolling on a viticulture and winemaking degree at NMIT. The earlier exchanges have also led to Marlborough-based wine technology businesses securing contracts with Chinese customers.
Mayor John Leggett says the next step is to formalise the relationship with a region to region agreement.
“We’ve been through the preliminary steps and now we have an understanding of what each region hopes to achieve from this relationship,” he said.
“They are in the position that Marlborough was in 30 years ago when grapes were a relatively new crop here but they recognise that Marlborough is now one of the world’s leading wine regions and that a great deal of knowledge and expertise resides here,” said Mr Leggett.
There is great opportunity to expand the education and training delivered through our secondary schools and tertiary institute, he said.
The Marlborough delegation will include three members of Marlborough’s Sister City Committee, Alistair Sowman, Lily Stuart and Cathie Bell. They will be joined by winemakers Richard O’Donnell and Dave Tyney, who operates as a winemaking consultant in Ningxia for part of the year, and by Ningxia-based education agent Kiki Chenshu. Mayoress Anne Best will join the visit at her own expense. The delegation will be in China from 3 -10 September.
Mr Leggett says he is particularly pleased the sister city business coincided with the Marlborough District Brass Band’s international exposure.
“It’s a great accolade for our brass band to be selected for this event. I sometimes wonder if Marlborough people realise the premiere status of our brass musicians. This event draws about ten million people over the course of a week and the Marlborough brass band members are the only New Zealanders who will be giving a performance so I will be very proud to be there to support them.”

An article from Marlborough District Council
https://www.marlborough.govt.nz/your-council/latest-news-notices-and-media-releases/media-releases?item=id:1z3pkzutv17q9sftqow5

New Zealand wine exports reaches record value

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The export value of New Zealand wine has reached a record high according to the 2017 annual report of New Zealand Winegrowers.
It has now been valued at $1.66bn, up +6% in June year end 2017, and is New Zealand’s fifth largest goods export.
Over the past two decades the wine industry has achieved average annual export growth of +17% a year according to the Report.
“With diversified markets and a strong upward trajectory, the industry is in good shape to achieve $2bn of exports by 2020,” said Steve Green, chair of New Zealand Winegrowers.
According to the report, exports to the US have lead the strong growth, passing $500m for the first time (up +12%). New Zealand wine became the third most valuable wine import into the US, behind France and Italy.
Green highlighted that in order to achieve continuing value growth, it is critical for the industry to maintain focus on protecting and enhancing its reputation as a distinctive, quality product.
“Our premium reputation remains the greatest collective asset for New Zealand wine, and underlies the high average price our wine commands in global trade,” added Green.
“Improved protection of New Zealand’s regional identities through its Geographical Indications Registration Act, and initiatives such as the launch of the Sustainable Winegrowing New Zealand Continuous Improvement extension programme will help enhance the world-class reputation of New Zealand wine as a premium and sustainable product.”

An article from Drinks International by Shay Waterworth
http://drinksint.com/news/fullstory.php/aid/7332/New_Zealand_wine_exports_reaches_record_value.html