Treasury Wine Estates sells Baileys

[Sean]

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[phillisc]

Sean... great observations as always. Bailey's like Booth's Taminick Cellars and many others are great or where once great labels. 1920 and 1904 block fortified wines are all brilliant. Just have to hope that things carry on. That said I wish more labels would break away from
TWE.
Completely agree with what Whitey wrote about Sam Wynn...a bullshit fluff piece...he was no more a pilot than I am!. The year David Wynn died... Wynn's or whoever owned them changed the label from the classic clear cut design to some garish looking number. When will they learn?
Cheers
Craig

[paulf]

It would be interesting to know whether Casella approached TWE . TWE had been trying to offload Baileys a couple of years ago (along with T'Gallant) but then they announced that they had taken it off the market when they couldn't find a buyer. I guess it was never really off the market.
Casella's strategy is interesting too, given that Morris and Baile's play in a very similar space. Bailey's cellar door is a great space and I am glad that Casella is planing to keep it running

[Ian S]

Casella still family owned?

[Sean]

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[shirazphile]

This is great news in my mind. TWE are all about volume, and global brands. Baileys did not fit this model. Casella are family owned, and not listed on the ASX, thus they are more likely to take a long term view of the Baileys business.

[Ian S]

I don't know whether to blame shareholders or the board, but TWE appear to be quite inept in their short-sighted mis-management of some brands that ought to be more highly valued than their actions against them.

Casella appear to show the ability to handle massive growth, but also manage the assets they have well. Give them another decade at this rate and they could easily eclipse TWE.

[Mahmoud Ali]

Bailey's like Booth's Taminick Cellars and many others are great or where once great labels. 1920 and 1904 block fortified wines are all brilliant.

Any reason why Booth's Taminick Cellars may not be a great label anymore? I assume they are still family owned. When I visited in 2001 the winemaker was third generation and if I remember correctly some of the vines date back to 1920s, including some Trebbiano.

Mahmoud.

[paulf]

Bailey's like Booth's Taminick Cellars and many others are great or where once great labels. 1920 and 1904 block fortified wines are all brilliant.

Any reason why Booth's Taminick Cellars may not be a great label anymore? I assume they are still family owned. When I visited in 2001 the winemaker was third generation and if I remember correctly some of the vines date back to 1920s, including some Trebbiano.

Mahmoud.

Were Booth's ever really a great label? I quite liked some of their wines when I visited in July but they were fairly rustic would never be mistaken for part of the upper echelon of Australian wine. The Glenrowan region, much like Rutherglen is probably a bit warm for really high quality wines that aren't fortified. Booth's are still family owned. They also have a brewery on site now that makes some decent beer under the Black Dog Label

[Mahmoud Ali]

I don't know about Booth's since I've never had an old bottle. However Bailey's has a reputation for making big and long-lived wines. In 2001, at Bailey's cellar door they had day-old bottles of Shiraz and Cabernet from the 90s open for tasting and for sale. I thought many of them were very good and after much thoiught and deliberation settled on the '92 Cassic Cab and Classic Shiraz as the better wines.

[Ian S]

I don't know about Booth's since I've never had an old bottle. However Bailey's has a reputation for making big and long-lived wines. In 2001, at Bailey's cellar door they had day-old bottles of Shiraz and Cabernet from the 90s open for tasting and for sale. I thought many of them were very good and after much thoiught and deliberation settled on the '92 Cassic Cab and Classic Shiraz as the better wines.

Yes the Baileys do age - to my taste better than many lauded Barossa / McLaren Vale wines

This always made me laugh - from the old Penguin guide
"Thirty years ago, Bailey reds were gutsy hillbillies, rough and ready and uneducated in the refined ways of the city folk who were starting to sip table wine. Today they've been to finishing school, they're better dressed and better mannered, but their knuckles still graze the ground."

(and thankyou for posting this last time it came up Mahmoud )

[phillisc]

I don't know about Booth's since I've never had an old bottle. However Bailey's has a reputation for making big and long-lived wines. In 2001, at Bailey's cellar door they had day-old bottles of Shiraz and Cabernet from the 90s open for tasting and for sale. I thought many of them were very good and after much thoiught and deliberation settled on the '92 Cassic Cab and Classic Shiraz as the better wines.

Yes the Baileys do age - to my taste better than many lauded Barossa / McLaren Vale wines

This always made me laugh - from the old Penguin guide
"Thirty years ago, Bailey reds were gutsy hillbillies, rough and ready and uneducated in the refined ways of the city folk who were starting to sip table wine. Today they've been to finishing school, they're better dressed and better mannered, but their knuckles still graze the ground."

(and thankyou for posting this last time it came up Mahmoud )

Just me loosing my marbles I guess Mahmoud, or fondly remembering times past.
There are all these Victorian labels that I used to buy, or that have been swallowed up...Tisdal, Mt Ida...or drink, Booths, Red Edge, Baileys and all at very good prices
Good to see it continue...the fortified are fantastic VFM.
Cheers
Craig.

[vino]

Were Booth's ever really a great label? I quite liked some of their wines when I visited in July but they were fairly rustic would never be mistaken for part of the upper echelon of Australian wine. The Glenrowan region, much like Rutherglen is probably a bit warm for really high quality wines that aren't fortified. Booth's are still family owned. They also have a brewery on site now that makes some decent beer under the Black Dog Label

If Glenrowan is too hot to produce high quality wine then so is McLaren Vale, Barossa and much of Clare, at least by climatic data. It's quite different to Rutherglen.

The Booth vineyard was the source for most of Wynns Ovens Valley Burgundy...I'd class that as a great Australian wine.