Crurated, the London-based membership wine community, announced this month that the company has raised US$7.2 million from a group of private investors to further evolve … Read More
Companies
Hennessy V.S.O.P has unveiled a new sleek, more versatile and eco-friendly design that has been conceived to reduce carbon footprint, as it aims to use eco-designed packagings for all of its new products by 2030, the Cognac producer has announced. Read More
Ahead of Lunar New Year, Japan’s number one beer brand Asahi Super Dry has unveiled a limited edition design on cans and outer-packaging exclusively for Hong Kong, mainland China, Taiwan, Singapore and Malaysia. Read More
Two of Korea’s conglomerates have officially launched their retail wine business in the country following their high-profile purchases of Napa vineyards to sate South Koreans' growing thirst for wine. Read More
China’s leading wine and spirits importer and distributor Summergate, which was bought by Australia’s Woolworths Group in 2014 has been sold to Gravity Capital, a private equity firm in Asia, for an undisclosed amount, Woolworths Group has announced. Read More
Beam Suntory, the owner of Marker’s Mark and Hibiki whisky, is reportedly considering selling its spirits brands including Pinnacle Vodka and Cruzan Rum, according to a Bloomberg report. Read More
Can you identify fine wine through closure types? The Portuguese Cork Association believes so and is working with China's Vivino to add closure information for the app's 8.3 million users. Read More
ProWine Shanghai, which for the longest time looks like the only large-scale international wine fair that is set to open its doors as scheduled this month, has just announced its forced postponement due to recent flareups of Covid cases across China. Read More
Pierre Castel, one of the richest billionaires in the wine industry and founder of world’s third largest wine producer Castel, is being hit with US$416 million tax bill ordered by a Swiss court, according to a Bloomberg report. Read More
Walmart, the supermarket chain operator, has taken up two boutique Bourgogne estates from lesser-known Bourgogne appellations, for its membership store Sam’s Club across China, as it beefs up its Bourgogne portfolio to attract the country’s expanding urbanites. Read More