The "real brights spots" driving China's wine market growth pre-Covid will return once the market normalizes, says IWSR CEO. Read More
Companies
Few had survived China's fast-changing and precarious wine market. Navigating government regulations and the country's notorious 'Ganbei' or 'bottoms up' culture at business dinners is not for the faint of heart or liver. Alberto Fernandez, managing partner of one of China's biggest wine importers, Torres China, is an exception. Read More
Robert Foye has been promoted as CEO of Australia’s second largest wine group, Accolade Wines, less than three months after joining the wine group as … Read More
ASC Fine Wines, a leading fine wine importer and distributor in Greater China, announced today that it will cease to represent the spirits portfolio of … Read More
China’s biggest online drinks retailer 1919.cn has reportedly closed 20 offline stores in Shanghai and is planning more closures nationwide amid the country’s slowing economy, according to Chinese media. Read More
Michelin Guide has fully acquired Robert Parker's Wine Advocate, up its original 40% stake, Wine Advocate's current Editor-in-Chief has announced. Read More
China’s leading wine importer, ASC Fine Wines, affirms pledges of long-term commitment to Chinese wine market in an effort to boost market confidence, as the company cautiously navigates in a slowing wine market after the exit of DBR Lafite’s two volume brands and key personnel changes. Read More
Castle Li, one of the most important personalities in China’s drinks industry, has been relieved from his position as general manager of China’s second biggest domestic winery over “discipline violation”. Read More
A bombshell report by Australian Financial Review alleges that Treasury Wine Estates’ former star employee in China, Peter Dixon, is being sued by the company and … Read More
China’s state-owned foodstuff conglomerate COFCO has allegedly made important leadership changes for its wine importing business which saw the departure of its longtime general manager … Read More