The majority shareholder of Henan Liquor Easy Trading Corporation Limited (JBL), one of China’s largest alcohol retailers with annual revenues of 1.7 billion RMB and over 300 physical stores, has reportedly disappeared from public view. Read More
Leaders
Areni Global, an international independent think tank for wine research, has officially become a research and industry associate of the Institute of Masters of Wine (IMW), enhancing the potential of knowledge exchange and collaboration of public events between the two bodies. Read More
A Vino Joy News investigation found that sales of premium wines in this channel, which allows consumers to buy duty-free products without leaving the country, are facing pressure from traditional wholesalers and cross-border e-commerce platforms, where prices are more competitive. Read More
Li Xiaolong was crowned the winner of the 2024 China’s Best Sommelier Competition of French Wine yesterday after an intense afternoon of competition at Regent Shanghai on the bund. Read More
This November, Nyetimber, the trailblazing English sparkling wine producer, is set to shake up the market with its debut at ProWine Shanghai, aiming to challenge the dominance of traditional sparkling wine regions and capture the attention of Chinese wine lovers. Read More
Australia's leading winery Brown Brothers and China's Vinehoo have teamed up in a "landmark" deal. Read More
Robert Foye, CEO of Accolade Wines, Australia’s second-largest wine producer, has announced his departure from the company. Read More
Vivino, the popular wine rating and sales platform, is set to open its first-ever physical store in Singapore, marking the company's continued expansion into the Asian market following its earlier entry into China. Read More
Changyu Pioneer Wine Company, China’s largest wine producer, reported a nearly 40% decline in net profit for the first half of 2024, reflecting the ongoing challenges in the country’s wine market. Read More
In the exclusive interview with Xing Wei MW, the latest and youngest MW in China, he opens up about his past struggles, the arrogance and prejudice he once saw as the industry’s biggest challenges, why he considered leaving wine industry the moment he achieved the MW title, and what ultimately made him stay. Read More