The drop was driven largely by a 17% fall in Cognac and other spirits, while Champagne and still wines slipped just 1%. Read More
Leaders
Global markets can carry on without the US, Suntory Holdings Ltd. Chairman and CEO warned in a Bloomberg TV interview, saying President Donald Trump’s threatened tariffs are killing investor appetite for U.S. ventures. Read More
Vats Liquor clearly pointed out a structural shift in China: corporate spending on alcohol is softening and individual consumers and online channels are stepping into the breach. Read More
While most traditional wine brands focus on heritage, terroir, and winemaking philosophy, Penfolds in China has flipped the script. Read More
Sotheby’s has released its 2024 Wine & Spirits Market Report, showing that while the United States recorded impressive gains—overtaking Hong Kong in annual wine sales for the first time—Asia continues to hold its ground. Read More
Ningxia's Stone & Moon is now offically part of the Treasury Wine Estates family. Read More
One of the country’s biggest wine groups, VSPT Wine Group, is defying the odds with a bold bet on premiumisation in China with the launch of Prelusion. Read More
The news marks one of the most high-profile shakeups in China’s wine industry in recent years and reintroduces a pioneering figure at a time when the market is grappling with prolonged decline and in need of fresh leadership and direction. Read More
ProWein opened this year with a heavy chip on its shoulder, and Trump’s untimely tariff threat on EU wines only heightened the tension. Competition with Wine Paris is fierce, but our interviews with producers and buyers revealed that the trade fair performed much better than expected. Read More
Chen’s departure is not an isolated case — it underscores a broader trend of wine outsiders, many of whom entered the industry during its boom years, now pulling back as the market contracts and competition intensifies. Read More