French spirits group Rémy Cointreau has appointed Monika Alcobev Limited as its exclusive distributor and marketing partner across India. Read More
Leaders
Julien Boulard becomes one of only six people to hold both the Master of Wine and Master Sommelier titles, while Derek Li makes history as Hong Kong’s first homegrown Master Sommelier. Read More
Diageo Korea has offered voluntary redundancies to its entire workforce as the decline of South Korea’s once-pervasive after-work drinking culture weakens demand for whisky and other traditional alcoholic drinks. Read More
The Australian wine group cut customer inventories in China by 200,000 cases, but distributors offered a more cautious assessment of underlying demand.
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Strong sales in Japan and India helped Suntory’s alcohol revenue return to growth, but weakening US demand, distributor destocking and rising supply-chain costs dealt a sharp blow to profits. Read More
Lotte Chilsung's alcohol business generated first-half sales of US$280 million, up 1.9% in H1 2026. Operating profit increased 34.5% to US$16.6 million. Read More
The Australian wine giant is cutting production, idling vineyards and considering asset sales in America but a 40% surge in Penfolds’ China sales helped push underlying earnings above guidance. Read More
Results for the 2026 financial year, released on Aug. 6, showed that organic net sales in Greater China fell 34.9% year on year. Sichuan Swellfun, Diageo’s principal baijiu asset in China, is also expected to report a loss for the first half of 2026. Read More
China’s biggest wine influencer built a six-million-follower empire that once sold RMB 350 million worth of wine a year. Now, the company behind Lady Penguin is heading to court over alleged smuggling. Read More
Diageo has become the latest international spirits giant to face regulatory action in India over product compliance, following similar scrutiny of Pernod Ricard in one of the world's largest alcohol markets. Read More