China's most influential wine and spirits market has elected its youngest-ever industry leader, signalling a generational transition as the country's alcohol sector grapples with slowing consumption and sweeping changes in consumer behaviour. Read More
Markets
The World Cup is usually a goldmine for drinks companies. Not this time. Chinese merchants say midnight kick-offs have killed the tournament's biggest sales opportunity. Read More
ASC Fine Wines has expanded its portfolio with producers ranging from Dominus Estate to Champagne Jacquesson and Ningxia's Devo, arguing each brand fills a specific role in China's evolving wine market. Read More
For years, China's biggest summer sale was won on one thing: price. This year, three of the country's leading e-commerce operators told us the top selling bottles are no longer the cheapest.
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Shenzhen, China's Silicon Valley, drinks significantly more wine than the national average and apparently has more expensive tastes too, according to a rare trove of official market data released by the Shenzhen Alcohol Industry Association that we have exclusively obtained. Read More
China's second-largest retailer, Freshippo, is betting on the country's independent winemakers with the launch of a new wine collection that will be rolled out across up to 500 stores nationwide. Read More
FIFA may not have an official wine, but producers are finding increasingly creative ways to reach millions of fans and the tournament's wealthiest guests. Read More
Smaller celebrations, tighter budgets and changing attitudes are reshaping one of the drinks industry's most dependable sales channels. Read More
Global drinks giant Diageo is preparing for a sweeping round of job cuts as newly appointed chief executive Sir Dave Lewis accelerates a restructuring aimed at reviving growth after several years of weakening spirits demand. Read More
Vinexpo Asia will become an annual Hong Kong event from 2027, ending its alternating format with Singapore as organisers reaffirm the city's strategic role in Asian wine trade. Read More