Drinks giant Pernod Ricard reported record year of sales and profits in 2022, driven by strong, balanced and diversified growth but its wine category is lagging behind. Read More
Leaders
Shinji Hori, President of Asia’s leading fine wine merchant Enoteca, reveals the growth drivers behind the Japanese wine company’s expansion in the past two years and how the wine conglomerate is tackling the ever-tightening squeeze on wine prices. Read More
China’s wine specialist, China Wine and Spirits (CWS), has become the exclusive importer for the historic Bourgogne house Edouard Delaunay for the mainland market, as consumer demand for Burgundy continues to rise. Read More
Treasury Wine Estates, Australia’s biggest listed wine company, posted a 5.3% growth in annual profits in fiscal year 2022 but its flagship wine Penfolds’ overall … Read More
Treasury Wine Estates (TWE), the parent company of popular brand Penfolds, has secured a landmark win in China's highest court against Penfolds copycat 'Rush Rich' after six years of legal battle spanning courts in Australia and China. Read More
Bernard Magrez, the savvy wine entrepreneur who already has four classified Bordeaux estates under his name, has launched an ultra-premium Chinese wine range that is bent on “changing overseas wine consumers’ perception of Chinese wine”. Read More
ASC Fine Wines has become the exclusive importer and distributor of L'Âme de Pape Clément, the latest addition to the famed Graves estate Château Pape Clément for the country’s premium wine market including Hong Kong and Macau. Read More
Tokyo-headquartered Enoteca has reopened its 75 m² wine store in China's eastern Suzhou after months of renovation, as it plans expansion to tap into wine consumption power of the affluent city of 13 million people. Read More
Korea's retail giant Lotte has announced that it has received a green light to construct a whisky distillery in Jeju island, which is reputed to have Korea's best quality water, as the country's whisky imports soared. Read More
Tmall and JD.com, which one is more effective with wine sales in China? How did wine perform on both platforms in first half of the year? We have the data here. Read More