Following LVMH’s announcement of job cuts within its wines and spirits division, beer giant Budweiser has also confirmed workforce reductions across the Asia-Pacific region. Read More
Asia
Vinexpo Academy, the educational arm of the event, will feature more than 30 sessions focusing on consumer behavior, market trends, and technological innovation. The program aims to give professionals tools to adapt to a fast-evolving marketplace and capture new growth opportunities. Read More
The California Wine Institute has appointed its first-ever North Asia sommelier ambassadors following a four-day bootcamp held in Tokyo and the Izu Peninsula from May 12 to 15. Read More
This year's ProWine Hong Kong will feature broadened international participation, an expanded wine and spirits showcase, and the debut release of its China market report. Read More
India recorded a staggering 30,017% surge in Spanish wine imports in 2023 — yet the spike caught nearly everyone in the industry by surprise. Read More
Global markets can carry on without the US, Suntory Holdings Ltd. Chairman and CEO warned in a Bloomberg TV interview, saying President Donald Trump’s threatened tariffs are killing investor appetite for U.S. ventures. Read More
Western wine culture thrives on rules—what glass to use, what temperature to serve at, and of course, what food to pair with what wine. But Chinese cuisine never signed up for that playbook. Read More
Here's the wine market landscape of India, Taiwan and Malaysia with latest imports data of 2024. Read More
In Asia, China and Japan remained among the world’s top 20 wine-consuming countries. However, China posted the steepest decline, with consumption dropping by 19%. Read More
Sotheby’s has released its 2024 Wine & Spirits Market Report, showing that while the United States recorded impressive gains—overtaking Hong Kong in annual wine sales for the first time—Asia continues to hold its ground. Read More