LVMH’s Wines & Spirits division recorded the sharpest decline in recurring operating profit among all its business units in the first half of 2025, as cognac sales slumped in key markets despite a modest rebound in champagne and still wine. Read More
Leaders
Champagne Barons de Rothschild has launched its first-ever single-vineyard cuvée, Le Grand Clos. The inaugural three bottles sold for a total of £16,120, setting a new record for the house. Read More
Diageo, the global spirits giant behind brands like Johnnie Walker and Guinness, announced on July 16 that CEO and board director Debra Crew has stepped down from her role with immediate effect. Read More
In a rare public disclosure, the GM of the liquor supply chain company under state-owned conglomerate C&D Inc. shared its 2024 sales revenue. Read More
Following sweeping changes brought about by zero wine tariff, who are Thailand's top wine importers leading the charge? Read More
Moët Hennessy has named a seasoned Asia hand in Hong Kong to revive its North Asia business amid slumping Cognac sales and 1,200 job cuts.
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At a Shanghai ceremony presided over by the city’s mayor, global giants from aerospace to fashion pledged US$3.68 billion to deepen ties with China — and ASC Fine Wines stood out as the only wine company making a bold new bet. Read More
The Symington family, fifth-generation port and wine producers, has opened a new three-storey townhouse in the heart of Porto designed to engage a new generation of wine lovers. Read More
With a price tag more than double that of Grange, we spoke to Penfolds distributors to gauge whether Chinese consumers are willing to pay up—at a time when spending is tightening. Read More
A total of 34 listed companies — including leading brands such as Rémy Martin, Hennessy, and Martell — will be exempt from anti-dumping tariffs as long as they sell their products in China at or above agreed minimum prices. Read More