Wajiu China, arguably the fastest-rising and most ambitious wine importer in the country, emphasized that the future of the nation's wine sales no longer lies in what the company calls the "highly contested" traditional on-premise channels, according to its general manager. Read More
Companies
In an era where e-commerce and consumer habits evolve at breakneck speed, here are five supermarket operators that have proven to be effective in driving wine sales. Read More
In the face of a global downturn in wine consumption, ProWein 2024, the world's largest and most significant trade fair for wines and spirits, concluded its 30th anniversary with a wave of optimism, despite a currently stagnant market. Read More
Leading wine merchants in South Korea are facing significant financial strain as the nation's wine market cools, with major importers reporting a sharp decline in sales that has cut their market value and profits by more than half. Read More
ASC Fine Wines, the leading wine importer and distributor in China and a member of the Suntory Group, joined the global celebration of Suntory's 125th anniversary by participating to the group’s newly designated “Suntory Philosophy Month.” Read More
Hong Kong's once-bustling wine scene faces unprecedented new challenges amid the city’s economic downturn, shifting demographics following expat exodus, and an increasing number of penny-wise locals who prefer to wine and dine across the border. Read More
Marking its 30th anniversary, this year's edition will unveil what organizers tout as "the world's largest and most comprehensive lineup of wines and spirits," with participation from 5,700 exhibitors spanning over 60 countries. Read More
In the interview, the CEO shares why instant retail is “a new highlight in the wine distribution evolution in China" and how ASC strategically pivoted to engage the next generation of wine consumers. Read More
This ambitious competition steps into the spotlight at a crucial moment, filling the void left by the cancellation of the Louis Roederer International Wine Writers Awards in 2020 after a 16-year run. Read More
Zong Qinghou, the self-made drinks billionaire who once became the country’s richest man, has passed away on Sunday at age 79 after ineffective treatment of an unnamed illness. Read More