The importer’s new Beijing and Shanghai venues put tastings and service at the centre of its strategy following the St. Pierre family’s buyback.
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Market analysis
Two of China’s publicly traded drinks retailers, VATS Liquor and Liquor Easy, reported first-half losses as weaker spending and falling prices for major spirits brands put pressure on sales, prompting efforts to cut costs and reduce inventory. Read More
Beer sales in India jumped 17% in the April-June quarter as rising taxes on spirits widened the price gap between the two categories, industry data show. Read More
French wine production in 2026 is expected to fall to one of its lowest levels in 30 years, with major regions including Champagne and Burgundy seeing sharp declines that could push new-vintage prices higher. Read More
Barons de Rothschild completed picking in just two weeks as extreme heat accelerated ripening - but frost, drought and five heatwaves are expected to slash the region’s output. Read More
According to results released on Aug. 27, Pernod Ricard generated net sales of €9.404 billion in fiscal 2026. On an organic basis, excluding currency movements, acquisitions and disposals, sales declined 3.9%. Read More
Evidence from trade associations, exhibition organisers and wine merchants points to the same conclusion: China’s wine trade is undergoing a prolonged and increasingly unforgiving shakeout. Read More
Alibaba’s Tmall and JD.com are offering classified growths at prices approaching - and in some cases potentially below - merchants’ sourcing costs, adding fresh pressure to a Bordeaux market already struggling with weak demand and excess inventory. Read More
The share of Americans who drink alcohol has fallen to the lowest level in nearly nine decades of polling, while wine is finding its strongest support among older consumers and women, according to a new Gallup survey. Read More
Only two of the nine markets tracked by Vino Joy News saw both import volume and value fall in the first half of 2026, highlighting pockets of resilience across Asia.
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