China's largest wine producer, Yantai Changyu Pioneer Wine Company Limited has reported a net loss of RMB 2.88 million (US$ 403,864) in its Q3 result, marking the first loss since going public in 2000. Read More
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In September, wine imports in China experienced a modest recovery after a significant plunge in…
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Despite 2024's vintage potentially yielding only a third of regular production for Louis Latour, there will still be solid whites and a few pleasant surprises among the reds, says its CEO.
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Last week, a live stream hosted by Googut Spirts was taken over by angry former employees demanding overdue wages, blowing its cashflow issue wide in the open. Read More
Riding on the growth wave of white wine, Misha’s Vineyard from New Zealand has made a strategic return to Hong Kong this October. Read More
Industry leaders from BBR, Wine's Link, Northeast Wines & Spirits, and MyiCellar are applauding Hong Kong's new spirits tax cut and revealing how it will reshape the city’s high-end spirits trade. Find out what this game-changing move means for the future of Baijiu and luxury liquor in Hong Kong.
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The International Organisation of Vine and Wine (OIV) has made history by electing its first President from Africa. Read More
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