Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn. Read More
Market analysis
When China's wine market was hit by low consumption and imports during the pandemic in 2021, the country's biggest winery Changyu had its best year yet by revising its sales strategy and promoting its domestic premium brands. Read More
Speculations are running high inside China that Australia’s most known wine brand Penfolds is a step closer in launching its Chinese Penfolds, reportedly made by blending wines from the country's premier wine region Ningxia and South Australia. Read More
From hoarding luxury handbags and watches to receiving a bizarre gift of 5kg pure gold drinking vessel, China’s anti-graft watchdog has revealed details of shocking corruption committed by the former head of the world’s most valuable liquor brand. Read More
China's intense lockdown and curbs have shown immediate effects on the country's lucrative wine market, especially in three of the affluent cities in Shanghai, Shenzhen and Dongguan that are engines for the country’s wine consumption, as the country holds on tight to its ‘zero-Covid policy’. Read More
The onslaught of Hong Kong’s worst outbreak has soured Hong Kong’s once buoyant wine market, leaving merchants in limbo without detailed government timeline amid rising restaurant closures and retail slump. Read More
China’s thirst for Bordeaux is back, and the country gulped at least one in every five exported Bordeaux wines last year. Read More
Mercian Corporation (“Mercian”), a leading wine importer and producer in Japan owned by Kirin, has announced the launch of a new wine brand called “Mercian Wines”, as it tries to energize local wine market after slumping wine sales in 2021. Read More
Hong Kong's wine market rebounded with vengeance in 2021 but with the city imposing the toughest Covid curbs yet, will 2022 reverse all gains? Read More
Asia's wine market remains resilient last year, but which market is driving its growth? We profiled and compared four key markets to find out. Read More