The decision of UK retailers to switch to bulk wine imports rather than bottled wine is a "serious threat" to the South African wine industry, Department of Trade and Industry agroprocessing industrial development division chief Stephan Hanival said on Wednesday.
Ms. Claudia Inés Quini from Argentina replaces Mr. Yves Bénard of France as the new President of the International Organisation of Vine and Wine (OIV), the intergovernmental UN type organization in the area of vitiviniculture with effect from today as she was elected for a three-year term.
South African wine producers will have to rely more heavily on market forecasting tools if they wish to remain ahead of their competitors in what has become a fiercely competitive sector locally and abroad, says Gareth Pearson, CEO of consumer, retail and industrial research house, BMi Research.
Su Birch, CEO of Wines of South Africa and Lynne Sherriff MW, who chairs the Institute of Masters of Wine, based in London have been shortlisted by UK-based Wine Intelligence for its line-up of the world's most influential figures in wine over the past decade.
South African wine producers should thoroughly research their individual potential markets in Asia and should avoid thinking of the region, which is home to 57 countries, as a homogenous entity, Master of Wine and inter- national wine judge and consultant to producers trading in Asian markets Debra Meiburg said.