Chinese company buys Accolades’ Australian winery for $10m
A Chinese group has purchased The Knappstein in Clare Valley from Accolade Wines for reportedly AU$15 million (US$10.12 million). TheContinue Reading
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Wine Intelligence downgrades China’s attractiveness as a wine market
China has lost out on its attractiveness as a wine market, according to the latest report by Wine Intelligence, amid the country’s slowing economic growth, escalating China-US trade war and depreciated Chinese currency.
Chinese company buys Accolades’ Australian winery for $10m
A Chinese group has purchased The Knappstein in Clare Valley from Accolade Wines for reportedly AU$15 million (US$10.12 million). TheContinue Reading
Hong Kong’s richest man buys UK’s largest pub group
Hong Kong’s richest man Li Ka-Shing has agreed to buy UK’s largest listed pubs and brewery group, Greene King, in a deal worth £4.6 billion.
Talking Cheese in Asia: Who is Isabella Chen?
During a recent visit to Taipei, our cheese specialist Ivy Ng spoke to Isabella Chen, Taiwan’s burrata pioneer, who switched from journalism to cheesemaking 4 years ago. Already counting Michelin-starred chefs amongst her clients, she talks about her eagerness to keep learning and her aspiration to support local dairy farming industry!
Exclusive: Silver Heights to become biodynamic
China’s leading winery Silver Heights is in the process of converting its vineyards and winemaking to biodynamic viticulture, Vino-joy.com has exclusively learned.
Bonhams sets new world record with Hanyu Ichiro whisky
Bonhams has set a new world record with the sale of full card series of Japanese cult whisky brand Hanyu Ichiro for the hefty price of HK$7,192,000 (US$ 917,000), nearly doubling the previous record of HK$3,797,500 (US$484,000) – also set by Bonhams Hong Kong in 2015.
TWE 2019 profits buoyed by Asia
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates.
Grace Vineyard buys Chinese whisky distillery for HK$15 million
China’s leading winery Grace Vineyard has purchased a whisky distillery in the country’s coastal Fujian province for HK$15 million (US$1.9 million), making its first foray into whisky production to make ‘medium and high-end Chinese whisky’, the company has announced this week.
Burgundy specialist L’Imperatrice plans public listing in Hong Kong
Hong Kong’s Burgundy specialist L’Imperatrice is planning a public listing on Hong Kong Stock Exchange, banking on consumers’ blistering demand for Burgundy and local consumers’ expanding disposable income.
Southern Rhône varietals are adapting better to changing climate
Southern Rhône varietals including Grenache, Syrah and Carignan are apparently adapting better to changing climate, while increasing temperature compounded woes for Bordeaux variety such as Cabernet and Merlot in Languedoc-Roussilon, according to the region’s leading producer Les Jamelles.
