Chinese authorities have dismantled a major counterfeit baijiu operation that sold fake “vintage” versions of top brands through livestreaming platforms, with the case valued at about 260 million yuan (US$36 million). Read More
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Changyu Pioneer Wine Company saw its net profit collapse 76% in 2025, tumbling to just RMB 71 million ($9.9 million), the lowest since it went public more than 20 years ago. Read More
Shares of Treasury Wine Estates rose sharply after the company reported strong sales momentum in key markets, led by China, and unveiled a major organisational overhaul. Read More
While traditional heavyweights struggle with slowing demand and mounting channel pressure, Georgian wine is moving in the opposite direction, posting two consecutive years of growth in both volume and value. Read More
Champagne house Louis Roederer has entered exclusive negotiations to acquire Domaine Pierre Damoy in Gevrey-Chambertin, marking a potential expansion into one of Burgundy’s most sought-after terroirs. Read More
Pernod Ricard has replaced its China leadership with two senior executives on temporary assignments, as the French spirits group grapples with a sharp downturn in the market. Read More
Spain’s leading wine group, Familia Torres, has appointed Luen Heng F&B Sdn Bhd as its exclusive importer and distributor in Malaysia. Read More
Waima Alcohol Delivery, the on-demand alcohol retail platform backed by Meituan, has surpassed 2,400 operating front warehouses nationwide, underscoring the rapid expansion of China’s instant retail model. Read More
As Chengdu’s wine bar boom fades, sommelier Yang Hang is among the few still standing. But behind the survival of his once “must-visit” venue lies a harsher reality — shrinking demand, thinner margins, and a business model where food, not wine, now drives the bottom line.
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ProWine Tokyo 2026 will open next week with nearly 200 exhibitors from 23 countries, as Japan’s largest wine and spirits trade fair continues to position itself as a key gateway to one of Asia’s most premium-driven markets. Read More