ASC Fine Wines will become the exclusive importer and distributor of Jacob’s Creek in China from Jan. 1, 2026, in a deal that marks the relaunch of one of Australia’s most established wine brands in the market and the first major China move by newly formed wine group Vinarchy. Read More
Companies
With 50 whisky distilleries in operation, China’s whisky ambitions are racing ahead of consumption. Will the next major whisky producer be China? Read More
As global wine markets shift into a new cycle, several traditional estates known primarily for their reds are now seeing renewed momentum led by their white wine portfolios. The Italian family estate Zenato is one of them. Read More
The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.
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Treasury Wine Estates’ shares fell to their lowest level in a decade last week after the company announced a A$687 million write-down on its U.S. operations. Read More
Treasury Wine Estates says its entire A$687 million U.S. goodwill is likely worthless — a stark sign of how sharply America’s wine market has cooled. Read More
K-pop star G-Dragon’s latest venture into the beverage market has become one of South Korea’s biggest drink success stories of the year. Read More
ASC Fine Wines has signed a memorandum of understanding with Shanghai’s Free Trade Zone operator in an ambitious move to redefine how fine wines enter and access the China market. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More
China’s brandy market has yet to recover despite the government’s conclusion of its long-running anti-dumping investigation earlier this year. Read More