Shenzhen Eternal Asia Supply Chain Management Ltd., once hailed as China’s first publicly listed supply chain company, expects to report its first annual loss since listing. Read More
Leaders
Champagne house Louis Roederer has once again been named the “World’s Most Admired Champagne Brand” by Drinks International magazine, marking the seventh consecutive year the producer has received the title. Read More
China’s Penglai wine region in Shandong province is stepping up its push into overseas markets, with exports growing rapidly in recent years as domestic wine consumption remains under pressure. Read More
The chairman of Wuliangye, China’s second-largest baijiu producer, is under investigation for suspected serious violations of discipline and law, Chinese authorities said. Read More
Diageo denied speculation that it is preparing to sell its Chinese baijiu business after reporting weaker first-half results and cutting its dividend, as sharp declines in China continued to pressure drinks giant. Read More
French spirits maker Pernod Ricard reported declines in both sales and profit in the first half of its 2026 fiscal year, with sharp contractions in China and the US weighing on overall performance. Read More
Australian wine producer Treasury Wine Estates reported its largest half-year net loss since listing, citing weaker conditions in the United States and China and the impact of measures to curb parallel imports. Read More
Chen Chun-an, founder and chairman of Drinks, one of Taiwan’s most prominent wine and spirits distributors, died peacefully in the early hours of Feb. 17 at the age of 80. Read More
Acquisition strengthens Meituan’s front-warehouse capabilities in eastern China and deepens its push into alcohol delivery. Read More
Weak demand and falling sales of mid- to high-end wines weigh on earnings as China’s largest wine producer, resulting in its worst performance yet on record.
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