According to a report published by the International Organisation of Vine and Wine (OIV) on November 29, wine consumption in Europe—the primary market for wine—has plunged to its lowest level since 1951. Read More
Market analysis
In Taiwan, the annual growth rate of imported sparkling wines reached 9.7%.
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The deal, valued at RMB 130 million (US$17.9 million), is TWE's latest strategic push to expand local wine production in China. Read More
Following the success of Sam's Club, Freshhippo is also launching its own in-house wines, raising concerns among traditional wholesale wine merchants for fear of losing out lucrative market share. Read More
In this indepth interview with Dan Siebers, co-partner at Wajiu China,he reveals the highs and lows of the country's wine market—from its boom-and-bust cycles to the rise of hyper-fragmentation. With decades of experience, Siebers offers sharp insights into why wineries struggle, the cultural quirks driving volatility, and his unconventional advice of adopting "open marriage" strategy to thrive in Chinese wine market. Read More
Major international spirits giants are making substantial bets on China’s nascent whisky industry, with the latest unveiling of Diageo's Yuntuo distillery in Yunnan. What's fuelling the foreign invest in whisky of Chinese origin? Read More
Bordeaux Grand Cru exports to Greater China continued their decline, dropping to €240 million in the 12 months ending July 2024, a further slide from last year's record low numbers. Read More
How much wine did China's e-commerce giant JD.com sell in first three quarters this year? What's the most searched grape variety on the platform? JD.com's top wine buyer reveals all the key data here. Read More
Workers at Hennessy’s bottling plant in southwestern France went on strike Tuesday after the cognac maker announced it is considering relocating part of its VSOP bottling operations to China to circumvent punitive tariffs. Read More
This year’s ProWine Shanghai brought together 650 exhibitors from 32 countries and regions, with international exhibitors accounting for over 80%. The event also attracted 20,860 visitors. Here's our on the ground report with comments from wineries, importers and visitors. Read More