Baijiu sales in 2025 suffered sharp drops but wine managed to grow for Vats Liquor Store. Read More
Companies
Pernod Ricard has replaced its China leadership with two senior executives on temporary assignments, as the French spirits group grapples with a sharp downturn in the market. Read More
China’s tobacco and alcohol shops once sat at the centre of the country’s wine and spirits distribution network.
For years, these neighbourhood stores served as … Read More
ASC Fine Wines CEO Don St. Pierre Jr. on why global producers are rediscovering China, why many local distributors won't survive and why that's not necessarily a bad thing. Read More
One of China’s most powerful drinks billionaires is sounding the alarm — and taking aim at the country’s biggest e-commerce platforms. Read More
EMW has taken on Chengdu brand tazaTe as shifting consumer habits push alcohol importers to broaden beverage portfolios. Read More
China’s most popular wine list on Tmall is showing a split personality. On one end: dirt-cheap, sugary, TikTok-friendly local bottles flying off the virtual shelves. On the other: premium heavyweights like Penfolds refusing to budge from their throne. Read More
Shenzhen Eternal Asia Supply Chain Management Ltd., once hailed as China’s first publicly listed supply chain company, expects to report its first annual loss since listing. Read More
The chairman of Wuliangye, China’s second-largest baijiu producer, is under investigation for suspected serious violations of discipline and law, Chinese authorities said. Read More
Diageo denied speculation that it is preparing to sell its Chinese baijiu business after reporting weaker first-half results and cutting its dividend, as sharp declines in China continued to pressure drinks giant. Read More