Longtime wine importer Shanghai Mercuris Wines Co., Ltd. has denied rumours of its closure after speculation spread across the trade, calling the claims “nonsense.” Read More
Companies
When a 50% baijiu struggles to sell but a 15% fruit-flavoured version can move 10 million bottles in six months, it’s clear the wind has shifted in China’s liquor market. Read More
Australian wine giant Treasury Wine Estates (TWE) has cut its earnings forecast for its flagship brand Penfolds for the first time this year, citing a slowdown in China as the biggest drag on growth. Read More
Mixue, the world’s largest food and beverage chain by store count, has invested more than US$41 million in a beer company. What’s driving the tea giant’s bold move into the brew business? Read More
ProWein, the world’s leading trade fair for wines and spirits, is rebranding and relaunching in 2026 as “ProWein Düsseldorf” with a new look and broader scope, as the industry struggles with falling global wine sales and rising exhibition costs. Read More
The World Health Organization has watered down its language on alcohol in a new United Nations health agreement, following months of heavy lobbying by the global drinks industry, delivering a much needed win for the global drinks industry. Read More
China’s wine drinkers are getting younger, more adventurous, and more diverse — and they’re pushing white wines to 39% of EMW’s sales. CEO Oscar Nagore shares with us how instant retail, BYOB culture, and new consumer habits are reshaping the future of wine. Read More
ASC Fine Wine is doubling down on people with new hires, as part of its NextGen strategy to offer more effective and timely services to clients and partners. Read More
When Australia’s most famous wine label meets one of China’s biggest baijiu distillers, the result is not just a limited-edition bottle but a glimpse into the uneasy realities of doing business amid declining sales. Read More
Dachser, the German logistics provider with more than 90 years of experience, is expanding its wine and spirits logistics services across the Asia Pacific region as demand rises for imports from Europe. Read More