The International Organisation of Vine and Wine (OIV) has made history by electing its first President from Africa. Read More
Leaders
While wine sales for business and gifting have notably declined, unconventionally packaged wines are finding new avenues for growth. Here's our full report. Read More
The conglomerate is also an investor in Googut Spirits, a Chinese drinks company known for its vintage Baijiu and the owner of YesMyWine.com, which was once dubbed the “number one global wine e-commerce platform” by Bordeaux École de Management. Read More
Korea’s wine market continues to contract in the first half of the year, as the country’s leading importers including Nara Cellar and Lotte are reporting profit loss - more than 240% in one case. Read More
TWE has agreed to a AU$65 million (US$43.47 million) settlement to resolve a class action alleging the company breached its continuous disclosure obligations and provided misleading earnings guidance following a downgrade in 2020. Read More
It is expected that 2024 will be one of the smallest vintages in recent history for renowned wine regions like Burgundy, Champagne, and Bordeaux, while the impact on Burgundy prices remains uncertain. Read More
On October 8, China’s most famous wine influencer, Wang Shenghan—known to millions as Lady Penguin—took to social media with an announcement that shocked millions of her fans. Read More
China’s Ministry of Commerce announced on Monday it will impose anti-dumping deposits ranging from 30.6% to 39.0% on brandy imported from the European Union, starting from October 11. Read More
These appointments signal Bonhams’ expansion in the wine business in Asia, in conjunction with the launch of its new Asia headquarters in Hong Kong on October 14. Read More
On September 26, Asia Wine Service & Education Centre (AWSEC), Asia’s leading professional wine, sake, spirits, and beer education provider, celebrated its 30th anniversary with a gala dinner at The Langham Hong Kong. Read More