A construction giant is backing Xige’s push into Yunnan, Sichuan and Tibet. What makes Chinese vineyards worth betting on in a wine downturn? Read More
Market analysis
Duties will fall from 150% to as low as 25% over a decade, though lower-priced wines will see no relief. Besides, hefty state taxes and regulations are still major hurdles.
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China’s wine merchants are seeing a paradox this Mid-Autumn Festival: customers are buying better wines without necessarily spending more. Falling prices are bringing prestigious labels within reach, but squeezing the margins of the businesses selling them. Read More
Years of discounting and tepid En Primeur campaign have discouraged importers from buying Bordeaux. Now, with the Mid-Autumn gifting season under way, merchants are struggling to find the 2023 Carruades de Lafite. Read More
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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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