Slow down in exports to cause Australian red wine glut
A drop in export growth and the strength of this year's crop has meant that the addition of the 2005 vintage will cause a surplus of red wine in Australia, reports Kim Hunter Gordon.
Archives for January 13, 2005
Steady improvement for Sainsbury
After a raft of disappointing Christmas trading figures from most of its main rivals this week, the 1.2 per cent decline in third quarter like-for-like sales from J Sainsbury announced today will come as little surprise. But the decline was roughly in...
Tsingtao to market low-end beer in Beijing
Tsingtao, China's leading domestic brewer, and one of the few home beer brands to make it on to the international market, has announced that it is about to start marketing a low-end beer in Beijing. The move is significant as competitor Yanjing...
Foster's claims Southcorp wine with a 19 per cent stake
Foster's has bought an 18.8 percent share in Australia's third biggest winemaker, Southcorp, preventing rival bidders from taking it over and keeping it in Aussie hands.
This company is not for sale, says Molson boss
The SABMiller vulture has begun to hover as doubt is cast on the outcome of next week's shareholder vote on a merger with Coors, writes Kim Hunter Gordon.