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
Natalie Wang
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
Wine is expected to be the only major alcohol category to shrink in volume over the next decade, even as the global beverage alcohol market adds US$34 billion in value, according to new forecasts from IWSR. Read More
The third instalment of Iconic Wines from Joseph Lau opened Christie’s achieved HK$72.89 million (US$9.35 million) in total —more than double its presale estimate—and a 100% sell-through rate. Read More
When one of France’s most famous producers, Michel Laroche, of Domaine Laroche in Chablis uncorked 90 bottles of his award-winning Grand Cru Blanchot at a … Read More
Australian Vintage Ltd. announced today that it has signed a conditional agreement to acquire international ownership of the MadFish Wines brand from Burch Family Wines for an undisclosed sum. Read More
But unlike the 2012 “Eight-Point Regulation” that once gutted the sector, industry veterans say this round of restrictions is unlikely to leave lasting scars. Read More
While data might suggest a dramatic resurgence for Australian wines into China, most WA wineries tell a quieter story. Re-entry into China, for many, remains tentative. We talked to local proudcers on their strategy for China. Read More
Hong Kong real estate magnate and billionaire collector Joseph Lau is set to auction the third instalment of his prized wine cellar later this month, following two blockbuster sales that together fetched over US$16 million. Read More