Changyu Pioneer Wine Company saw its net profit collapse 76% in 2025, tumbling to just RMB 71 million ($9.9 million), the lowest since it went public more than 20 years ago. Read More
Leaders
Champagne house Louis Roederer has entered exclusive negotiations to acquire Domaine Pierre Damoy in Gevrey-Chambertin, marking a potential expansion into one of Burgundy’s most sought-after terroirs. Read More
Pernod Ricard has replaced its China leadership with two senior executives on temporary assignments, as the French spirits group grapples with a sharp downturn in the market. Read More
Spain’s leading wine group, Familia Torres, has appointed Luen Heng F&B Sdn Bhd as its exclusive importer and distributor in Malaysia. Read More
As Chengdu’s wine bar boom fades, sommelier Yang Hang is among the few still standing. But behind the survival of his once “must-visit” venue lies a harsher reality — shrinking demand, thinner margins, and a business model where food, not wine, now drives the bottom line.
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China’s tobacco and alcohol shops once sat at the centre of the country’s wine and spirits distribution network.
For years, these neighbourhood stores served as … Read More
In her first visit back to China in 10 years, Priscilla Incisa della Rocchetta opens up on why China remains Sassicaia’s most critical market in Asia, how the estate is navigating a shifting global landscape, and why Bolgheri may be better positioned than most to withstand climate change. Read More
Moët Hennessy is exiting local wine production in India after more than a decade, selling its Chandon India winery assets to Sula Vineyards in a move that underscores the challenges global drinks groups face in navigating the country’s complex alcohol market. Read More
ASC Fine Wines CEO Don St. Pierre Jr. on why global producers are rediscovering China, why many local distributors won't survive and why that's not necessarily a bad thing. Read More
Xige Estate, one of the leading producers in Ningxia’s Helan Mountain East Foothills, plans to go public within five years as it accelerates expansion across multiple wine regions and new product categories, its founder said. Read More