In the first two weeks of 2025, two former chairmen of Wuliangye and Moutai, two giants in the Baijiu industry, have come under investigation, signaling intensified scrutiny of China’s most profitable spirits companies. Read More
Companies
The college dropout is now an independent winemaker, selling wines both in China and internationally.
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South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
Shares of major alcohol companies fell after U.S. Surgeon General Vivek Murthy linked alcohol consumption to cancer risks and called for warning labels on alcoholic beverages. Read More
Five years after entering the whiskey business, Grace Vineyard has decided to exit the sector due to financial strain and challenging market conditions. Read More
Established in 2017, how did the young Stone & Moon Winery capture the attention of the Australian giant Treasury Wine Estates (TWE)? Nicolas Billot-Grima, co-founder of Stone & Moon, shared his story.
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This price hike marked its first price adjustment in China since the government imposed anti-dumping measures on European brandy imports earlier this year. Read More
Australian wine giant Penfolds is facing a pricing crisis in China, with its wines appearing at drastically different price points following the lifting of tariffs on Australian wine. Read More
In China, 84.64% of wine-related companies report annual sales below US$ 0.69 million. Read More
The wine bar attracted high foot traffic with its famous RMB 99 (US$ 13.60) three-hour free-flow wine package.
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