China Investment Corp, the sovereign fund (the fourth largest globally managing 200,000 billions of dollars), has bought for about 260 million € the 1.1% of Diageo aiming at overcome Pernod Richard in China in the market of Cognac.
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Some export figures according to Federvini which has reviewd ISTA statistics.
Export summary:
- table wine 10.045.620 hl
- doc and docg 4.359.313 hl
- sparkling 1.579.507 hl
Total = 16.020.440 hl
Main Export destination:
1. Germany 5.600.000 hl
2. USA 2.500.000 hl
3. UK 2.400.000 hl
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"TOP 10" wine brands most sold around the world, according to Impact Database, the mother company of the prestigeous american magazine "Wine Spectator"
1. “Franzia” di The Wine Group
2. “Martini” di Martini & Rossi
3. “Carlo Rossi” di E&J Gallo Winery
4. “Tavernello” di Caviro
5. “Yellow Tail” di Casella Wines
6. “Gallo Family Vineyards” di E&J Gallo Winery
7. “Concha y Toro” di Vigna Concha y Toro
8. “Beringer” di Foster’s Wine Estates
9. “Sutter Home” di Trinchero Family Estates
10. “Jacob’s Creek di Pernod Richard
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What technology can do for mankind! The German company Trek‘n Eat has created a wine especially for mountain climbers: it is a 60 gram bag of powder which when poured into a cup of water turns into a glass of red wine with an alcohol level of 8.2%. It has now become possible for those who want to celebrate reaching the summit with a toast to bring along a glass of wine without having to lug heavy bottles and liquids.
Info: www.trekneat.com
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Mr. Charles Carrard is the director of north China for French Wine Paradox , which handles about 500 different wines in China, employs 200 people, and has its headquarters in Hangzhou and branches in Beijing, Guangzhou, Shanghai, and Shenzhen.
Mr. Jim Boyce talked to him about the swiftly changing wine distribution market, the fastest growing wine niches, some of the company’s esoteric brands, and more.
Q. The scene for wine importers and distributors seems a bit tumultuous. What is happening?
We are finding that the business model created by the top wine importer in China does not work anymore. The idea of using cash sponsorships, of positioning your company to make money a few years down the line, and of building a strong presence in many cities is becoming a thing of the past.
The reason is competition. We previously saw a few big companies dominate the market, but now they have to fight many smaller companies that have good wine selections and lower operating costs. We also saw the big companies rely on the markets in Beijing, Shanghai, and Guangzhou, all of which are very different, but now medium-sized companies in individual cities are able to leverage their local expertise. Read More...
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Sanpellegrino Appoints ASC Fine Wines as Exclusive Importer and Distributor in Mainland China
ASC Fine Wines will become the sole importer and distributor of Sanpellegrino products in mainland China effective April 1, 2009.
As China’s largest distributor of fine Wines, ASC’s strong distribution network throughout mainland China will help to strengthen the presence of Sanpellegrino products, namely S.Pellegrino Natural Sparkling Mineral Water and Sanpellegrino Sparkling Fruit Beverages and will help guarantee easy access to these premium products for all customers throughout the region.
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Barack Obama had already toasted in the New Year Eve with Prosecco di Conegliano and Valdobbiadene.
During three major events in the 'Obama-day ", 600 bottles of Prosecco will proudly stand on the tables overseas, thanks to the initiative of the Veneto Region, in collaboration with Unioncamere Veneto, with the Consortium of Prosecco di Conegliano and Valdobbiadene.
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On December 13 over 300 top Ferrari owners will be guests of the new futuristic Ferrari Restaurant "The Podium" to exchange greetings in the festive lunch.
This Christmas, at the most famous "RED" [car] of Italy, VIP will be toasting with selected crus of Valdobbiadene and Conegliano by Bisol.
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