FINE+RARE, a leading international marketplace for wines, spirits, and collectible experiences, announced the expansion of its global team on Monday, appointing ten new members across various sectors including site development, sales, and customer experience. Read More
Companies
This week, China will hold a hearing on the EU brandy anti-dumping investigation, paving the way for final announcement on punitive tariffs. Read More
It's a worrying sign when the popular Penfolds is experiencing slow sales, but some merchants remain hopeful for upcoming festive season. Read More
A senior executive at Treasury Wine Estates in the United States has been slapped with a restraining order filed by a Napa Valley politician following her allegation that the politician is a child abuser. Read More
The "Wonder with ASC" events, featuring an expanded portfolio that includes returning Australian wine icons and new brands, signify what the company hailed as "a potential new growth phase" for its development in China’s on-premise and direct sales channels. Read More
Driven by economic pressure and an oversupply of wine, these flash sales are becoming a lifeline for cash-strapped merchants while simultaneously posing challenges to wineries' financial health and sustainable growth. Read More
The emergence of "professional fake-busters" in China, initially seen as a defense against counterfeit goods, has taken a troubling turn as these individuals now exploit regulatory loopholes to extort money from businesses, particularly targeting the imported wine sector. Read More
China is expected to announce provisionary punitive tariffs on European brandy as early as August, marking the first time state media has provided a timeline for the decision, after launching an anti-dumping probe into EU-produced brandy five months ago. Read More
As Japan's overall wine market faces a downturn, small-format, canned wine is experiencing a surge in popularity, industry data shows. Sparkling wine in cans, in particular, has found a robust market among consumers who have taken to at-home drinking—a trend accelerated by the pandemic. Read More
What are the priorities and preferences of Chinese buyers today? Did Vinexpo Asia Hong Kong live up to its expectation? We find out here in the report. Read More