China’s wine and spirits imports in Q1 were pummeled by Covid, but with monthlong lockdown in Shanghai and rumors of a similar lockdown in Beijing, is the worst yet to come?
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Supply chain jam and rising production costs triggered by the COVID-19 pandemic and Ukraine War are crippling dry goods supplies and adding pressure to the wine industry and end consumers.
Hong Kong’s self-isolation has cost the city a major international wine fair, as Vinexposium, the organizer of the world’s leading wine and spirits fair Vinexpo,
DBR Lafite’s two prestigious Chinese wines, Long Dai and Hu Yue from its Shandong-based Domaine de Long Dai, will be distributed in Hong Kong and Macau and selected Asian markets through Omtis Fine Wines, the two companies have announced.
Juvé & Camps, one of the most historic and notable Cava producers in Penedès, has joined forces with Nimbility to fuel their expansion across the Asia-Pacific region.
Greater China’s leading wine importer, Links Concept, has been appointed as the official distributor and exclusive on-trade distributor of Italy’s pioneering winery in Fiuli, Jermann, in Hong Kong starting from May 2022.
While there is no signs of reopening in Hong Kong’s bar scene, the following good news may cheer up the bar community – Coa from Hong Kong has won the no.1 spot of Asia’s 50 Best Bar for the second time in a row.
English sparkling wine producer, Rathfinny Wine Estate, which has taken over the world’s greatest restaurants, is now partnering with Hong Kong-based importer Fine Vintage to conquer the Asia wine hub.
Japan’s drinks giants Asahi and Suntory have announced price hikes of up to 28% for its main beverages from beer to whisky.
Despite volume decline, Japan’s wine import value climbed in 2021, writes Mari Yasuda.
The Gongbei Customs in Shenzhen has busted a Macau driver smuggling 12 bottles of Hennessy X.O in his modified car stereo system..
Sotheby’s wine and spirits sales boomed in 2021, though Asian wine buyers’ dominance wanes. The auction house also announced key leadership changes.