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Non-alcoholic beer for dogs, hot dogs made with salmon, cappuccino-flavored cider and light beer fortified with vitamins were some of the more unusual new product innovations reported in 2006 by Datamonitor's Productscan Online database of new products.
Published By Datamonitor
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16 Jan 2007 |
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CommentWire
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The Australian wine industry is at a cross roads as it deals with excess supply, a sales slump caused by the global recession and the rising value of the Australian dollar, at a time when the industry is trying to establish a credible premium in global markets. Looking forward, Datamonitor views the industry's focus on growing China's imports as key to future success.
Published By Datamonitor
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28 Oct 2009 |
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Expert View
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The phenomenal rise in wealth in China is reflected in a growing penchant for sophisticated collectable investments: China is now Bordeaux's main export market outside Europe. This is indicative of the loss of confidence in paper assets around the globe, as high net worths look for something secure but more enticing than bank deposits in which to park their cash in these times of uncertainty.
Published By Datamonitor
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08 Nov 2010 |
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Expert View
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In the wake of the global financial crisis, high net worth investors continue to look toward not only traditional investments but also collectables such as art and jewelry. Chief among these is fine wines, a market that has grown substantially in the past year. However, this has not escaped the attentions of the taxman, and investors must recognize that a tax clampdown is coming into effect.
Published By Datamonitor
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16 Dec 2010 |
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CommentWire
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Foster's and Southcorp [SRP.AX] would fit together well. The company would have Australia's strongest wine brands, a good geographical sales spread, and the scale to compete with Constellation and Diageo. However, there would be little logic in Foster's retaining its low-growth, largely domestic beer business post-acquisition: a move to focus purely on wine would be a good move going forward.
Published By Datamonitor
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13 Jan 2005 |
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CommentWire
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Southcorp has opposed Foster's [FGL.AX] current bid, saying that it undervalues the company, while Foster's says that the new plan overvalues Southcorp. Neither position is particularly surprising. However, the announcement keeps the deal alive, and gives Foster's a reason to increase its offer. It would be wise to do so, given the importance of Southcorp to its future in the wine business.
Published By Datamonitor
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08 Mar 2005 |
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Foster's chief executive has warned shareholders that the recent drought in Australia, combined with the strong Australian dollar, is likely to have a negative impact on its earnings. While this puts a dampener on its recent good sales performance, the company's strategy of focusing on high end beer and wine could enable it to overcome the worst of the situation.
Published By Datamonitor
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01 Nov 2007 |
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CommentWire
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Foster's has posted an encouraging increase in its FY2005 profits, suggesting its integration of Southcorp is proceeding smoothly. Southcorp is set to play a critical role in the group's future development, giving it essential global reach in the wine market. Though renowned for brewing 'Australia's famous beer', we may now have to consider Foster's equally as a vintner.
Published By Datamonitor
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31 Aug 2005 |
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Expert View
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Despite reporting a decline in annual profit, Foster's appears to be performing well, announcing a significantly improved performance in the second half of the financial year. By focusing on wine and on its more profitable beer brands, the company is overcoming a weak beer market and becoming a strong competitor in the global wine industry.
Published By Datamonitor
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28 Aug 2007 |
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Australia's Franklin Estates is preparing to release wine in cans to the US, UK and Japanese markets. While there are many practical benefits to the idea - no spoilage, no need for bottle-openers, no need to finish a bottle - its success depends on good weather, and consumers being prepared accept the unorthodox notion of wine in ring-pull cans.
Published By Datamonitor
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28 Jul 2003 |
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