The downturn in Asia, driven by slumping sales in China and South Korea, contrasts with the company’s overall global growth. Read More
Leaders
Penfolds has introduced its 2024 collection of latest vintage releases in both Beijing and Hong Kong, including a premium release named Bin 180, priced at RMB 7,288 per bottle, surpassing its iconic Grange. Read More
Louis Roederer has launched the second series of its "Solar Panel" art project, featuring close-up photographs of Chardonnay vine leaves. Read More
Treasury Wine Estates, the parent company of Penfolds, is looking to sell off its lower-end wine range including Wolf Blass, Lindenman’s amid declining global wine consumption. Read More
The number of catering businesses that deregistered or closed reached an alarming number of 1.056 million in first half of the year, nearly equaling the total for the entire year of 2023. Read More
Wine lovers, get ready to put your taste buds to the test and win a free trip to France! Read More
Australian wine's re-entry into China has bouyed the whole country's wine exports to a record level in recent years. However, the industry association cautions depletion in the Chinese market due to decreased wine consumption. Read More
Despite Ningxia's growing appeal in export markets, some local wineries, like Feng Qing, owner of Ningxia Leirenshou Winery, advocate focusing on the domestic market first. Read More
FINE+RARE, a leading international marketplace for wines, spirits, and collectible experiences, announced the expansion of its global team on Monday, appointing ten new members across various sectors including site development, sales, and customer experience. Read More