Beyond the exhibition halls, perhaps the clearest message from ProWine Tokyo was that Japan remains unusually receptive to new ideas. Read More
Market analysis
China has officially named its 80 biggest drinks chains for the first time. The leader runs more than 3,500 stores; the gap to No. 80 is over 350-fold. Read More
The global alcohol market contracted for a third consecutive year in 2025 and for the first time spirits overtook wine in volume. Read More
As global wine consumption continues to decline and inventories swell, some Argentine wineries are beginning to redirect wines originally intended for bottled sales into the bulk market. Read More
A landmark Bicentennial celebration of La Romanée as a single family-owned Monopole drove record-breaking demand at a Hong Kong wine auction last week. Read More
At ASC's 30th anniversary forum, global wine leaders argued that China's wine crisis runs deeper than weak demand and that the industry's old growth model may no longer work. Read More
Top châteaux continue to attract demand, but e-commerce giants, discounted back vintages and younger drinkers are challenging the traditional En Primeur model in China. Read More
Treasury Wine Estates has unveiled its most aggressive restructuring in years, announcing plans to cut its stable of 76 wine brands to fewer than 30 as it bets heavily on a small group of premium labels to weather a prolonged global wine downturn. Read More
At a panel discussion last month marking ASC Fine Wines' 30th anniversary in Shanghai, some of China's most prominent wine industry figures offered a diagnosis on why China's wine consumption plunged and offered advice forward. Read More
When official figures show one of China's consumer categories posting double-digit growth, you'd expect the people selling that product to be feeling pretty good. Yet interviews with listed companies, traditional distributors, liquor retailers and regional industry associations tell a strikingly different story. Read More