FOSTER’S WINES SALES DECLINING

As Foster’s continues to sell winery assets in Australia, wine sales to both Britain and the U.S. are declining.

ACNielsen research shows that Foster’s wine sales were up 3% and 5% by volume over the 13 weeks to July 1, while Australian wine sales rose only 4% by volume and 3% in sales over the period. The overall wine segment increased 11% in sales and 5% in volume, showing that Aussie wines are losing share.

However, while the Rosemount, Lindemans and Penfold's brands all in decline, some analysts believe it might just be temporary.