The London-based private members’ wine club 67 PallMall is defying China’s economic slowdown and tightening alcohol restrictions with plans to open a new club in Shanghai next year — its first in mainland China. Read More
Natalie Wang
Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
Treasury Wine Estates has launched a A$15 million dedicated facility for low- and no-alcohol wine production in South Australia’s Barossa Valley, marking a major investment in the growing global demand for lower-alcohol alternatives. Read More
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
The milestone marks a shift in Hong Kong’s alcohol import landscape, which for more than 15 years had been dominated by wine after the government eliminated wine import tariffs to position the city as a global wine hub. Read More
American wine auction house Zachys has reportedly closed its Hong Kong office after 17 years of operation, marking a shocking retreat from Asia's key fine wine hub. Read More
Even though a US$10 ex-cellar wine can retail for as much as US$100 in India, this Master of Wine believes there’s never been a better time to enter the market. Read More
The shortfall, compounded by the conspicuous absence of key buyers from mainland China and Hong Kong, casts a spotlight on shifting regional priorities and rising cost concerns surrounding the fair. Read More
China’s leading wine importer ASC Fine Wines has launched a sweeping strategic overhaul, introducing a direct-to-consumer membership club, custom brand solutions, and a dedicated logistics partnership, as the company returns to the control of its founding St. Pierre family following a completed share transfer from Japan’s Suntory Group. Read More
This marks Chef Boulud's long-anticipated debut in Asia as Hong Kong's fine dining sector faces new challenges from changing consumer habits and cross-border competition. Read More