A prominent wine storage company in China’s southern Guangdong province is at the center of an unfolding crisis, with multiple importers reporting their inability to retrieve wine stocks amid the company’s mounting legal troubles and crippling debts. Read More
Companies
Treasury Wine Estates, the parent company of Penfolds, is looking to sell off its lower-end wine range including Wolf Blass, Lindenman’s amid declining global wine consumption. Read More
The number of catering businesses that deregistered or closed reached an alarming number of 1.056 million in first half of the year, nearly equaling the total for the entire year of 2023. Read More
Wine lovers, get ready to put your taste buds to the test and win a free trip to France! Read More
Australian wine's re-entry into China has bouyed the whole country's wine exports to a record level in recent years. However, the industry association cautions depletion in the Chinese market due to decreased wine consumption. Read More
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
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