ASC Fine Wines has become the exclusive wine partner of the 2026 Shanghai JZ Festival, the city's flagship Jazz event, expanding its push to reach consumers through music and cultural events as China’s wine market struggles to regain momentum. Read More
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Hong Kong-listed Grace Wine Holdings has proposed changing its name as it expands beyond wine under the control of the founder of Chinese drinks retailer 1919. Read More
Spanish winemakers Rafael and Álvaro Palacios have signed distribution agreements with EMW Fine Wines, seeking to broaden their reach in China as premium Spanish producers work to overcome the country’s association of their wines with low prices. Read More
Interviews with importers, distributors and wine bar operators suggest the shift is being driven by more casual drinking occasions: seafood dinners, late-night meals and gatherings among friends. Fresh, approachable wines are finding an audience beyond the formal banquets and business entertaining that have traditionally supported Chinese wine sales. Read More
Treasury Wine Estates, the Australian wine group behind Penfolds, has cut about 170 jobs worldwide and is selling several brands as it restructures its business following a sharp decline in U.S. earnings. Read More
European drinkers know sake and soju. But Chinese wine and spirits? One Italian sommelier wants to show them what they’re missing. Read More
The company behind Lady Penguin, one of China’s best-known influencer-led wine brands, faces court enforcement proceedings involving a whopping amount of RMB111.3 million (US$16.6 million). Read More
Henry Tang’s wine collection fetched HK$50.2 million (US$6.4 million) at Christie’s, surpassing an original HK$30 million estimate as collectors competed for rare Burgundy. Read More
Berry Bros. & Rudd plans to sell its Japanese wholesale business to Coterie Holdings as the British wine merchant sharpens its focus on private clients in Japan and across Asia. Read More
Chile's iconic winery Viña Don Melchor will host the 2026 edition of The 50 Best Vineyards awards on November 18 in Pirque, near Chile’s capital, Santiago. Read More