Constellation Brands’ wine and spirits net sales fell 26% in the first half of its fiscal year, although organic net sales rose 12% after excluding the impact of divested businesses. Read More
Latest news
Hong Kong’s award-winning Cantonese restaurant has dropped international wines entirely, betting that discovery and food pairings of Chinese wines can win over diners who arrive expecting French or Italian labels. Read More
The back-to-back victory puts Bar Leone alongside London’s Milk & Honey, Artesian and Connaught Bar as the only establishments to retain the global title. It is also the first in Asia to achieve the feat. Read More
Singapore ruling confirms Gregory Clerc’s removal from a board within the drinks group’s ownership structure, but he remains group CEO.
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Chai Eamsiri denies wrongdoing over a reported purchase of 860,000 bottles as the airline investigates its handling of flood-related disruptions. Read More
The Chandon grape-growing venture has liabilities exceeding its assets as Ningxia State Farm Group seeks a full exit.
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A construction giant is backing Xige’s push into Yunnan, Sichuan and Tibet. What makes Chinese vineyards worth betting on in a wine downturn? Read More
China's newest MW on the finance detour that nearly took him out of wine, why his research paper tackled trade fairs, and what wineries still get wrong at Chinese expos. Read More
Shipments to mainland China jumped 72% by volume, while gains across Asia helped offset weakness in New Zealand’s largest export market. Read More
Duties will fall from 150% to as low as 25% over a decade, though lower-priced wines will see no relief. Besides, hefty state taxes and regulations are still major hurdles.
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