ASC Fine Wines has expanded its exclusive import and distribution agreement for Los Vascos to Greater China, extending a partnership with the Chilean wine estate’s owner, Domaines Barons de Rothschild Lafite, beyond Hong Kong to mainland China. Read More
Companies
The convenience store chain is discounting G7 and Yellow Tail as it seeks to make wine part of everyday drinking occasions.
Read More
Two of China’s publicly traded drinks retailers, VATS Liquor and Liquor Easy, reported first-half losses as weaker spending and falling prices for major spirits brands put pressure on sales, prompting efforts to cut costs and reduce inventory. Read More
Varun Beverages, one of India’s largest beverage companies and a major PepsiCo bottler, will establish an RTD subsidiary led by former Diageo executive.
Read More
According to results released on Aug. 27, Pernod Ricard generated net sales of €9.404 billion in fiscal 2026. On an organic basis, excluding currency movements, acquisitions and disposals, sales declined 3.9%. Read More
The Chinese brewing giant has struck a long-term partnership with Ireland’s Great Northern Distillery, giving it an immediate route into imported whisky while laying the groundwork for something more ambitious - its own whisky distillery in China. Read More
Nearly 44% of Moutai’s revenue now comes through iMoutai, even as profit declines and distributors report sluggish demand for Feitian. Read More
Wajiu secures exclusive rights to three Penfolds wines, including two French labels, as TWE looks beyond its established bestsellers for new growth. Read More
French spirits group Rémy Cointreau has appointed Monika Alcobev Limited as its exclusive distributor and marketing partner across India. 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