Wine News
In a decisive move that signals growing tensions in Australia's wine industry, members of the CCW cooperative have overwhelmingly rejected Accolade Wines' proposed buyout offer. This development represents more than just a failed business transaction - it highlights the deep challenges facing Australia's wine sector and the complex relationships between growers and major wine companies.
The global wine market is undergoing a significant transformation, with developing markets emerging as the new frontier for growth in Australian wine exports. Recent analyses from both the IWSR and Wine Australia reveal a complex but promising landscape for the next five years, particularly in emerging economies.