Treasury Wine Estates’ shares fell to their lowest level in a decade last week after the company announced a A$687 million write-down on its U.S. operations. Read More
Leaders
When people think of Western Australian wine, Margaret River inevitably comes to mind. Its Cabernet Sauvignons and Chardonnays are celebrated for their complexity, structure and … Read More
Treasury Wine Estates says its entire A$687 million U.S. goodwill is likely worthless — a stark sign of how sharply America’s wine market has cooled. Read More
As global demand surges for elegant, cool-climate styles, one region in Western Australia has stepped into the spotlight—producing world-class Riesling, expressive Shiraz and Chardonnay of startling finesse. Read More
K-pop star G-Dragon’s latest venture into the beverage market has become one of South Korea’s biggest drink success stories of the year. Read More
ASC Fine Wines has signed a memorandum of understanding with Shanghai’s Free Trade Zone operator in an ambitious move to redefine how fine wines enter and access the China market. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More
China’s brandy market has yet to recover despite the government’s conclusion of its long-running anti-dumping investigation earlier this year. Read More
What has prompted Wuliangye, China's second largest liquor brand to blacklist 46 online sellers including Meituan, Taobao, Douyin and JD.com? Read More
Australian winery Auswan Creek and French wine producer Bel Eden are joining forces in China through a strategic merger of their domestic distribution channels — a rare show of expansion in an otherwise sluggish market. Read More