The Delhi High Court has granted bail to Amandeep Singh Dhall, CEO of Brindco Sales Limited, India’s largest wine importer, in connection with a money laundering case tied to an alleged tax policy manipulation scheme. Read More
Asia
China’s wine exports to Japan soared by 255% in 2023, according to recent trade data from Japan's Ministry of Finance. The value of these imports also jumped by 189%, signaling growing acceptance of Chinese wines in the Japanese market. Read More
This November, Nyetimber, the trailblazing English sparkling wine producer, is set to shake up the market with its debut at ProWine Shanghai, aiming to challenge the dominance of traditional sparkling wine regions and capture the attention of Chinese wine lovers. Read More
Vivino, the popular wine rating and sales platform, is set to open its first-ever physical store in Singapore, marking the company's continued expansion into the Asian market following its earlier entry into China. Read More
Treasury Wine Estates (TWE) has reported a 34.7% increase in sales revenue for its flagship brand, Penfolds, in the Asian market for fiscal year 2024, driven by strong growth in Thailand, Hong Kong, and Taiwan, as well as a recovery in mainland China during the fourth quarter. Read More
Kevin Lu, a Taiwanese sommelier, has earned the prestigious Master Sommelier (MS) diploma from the Court of Master Sommeliers, making him the first from Taiwan and only the second Chinese individual to achieve this distinction. Read More
The downturn in Asia, driven by slumping sales in China and South Korea, contrasts with the company’s overall global growth. Read More
The Vietnamese government has proposed a significant increase in alcohol taxes, with plans to double the excise tax on wine by 2030, according to a draft regulation. Read More
A former executive of a Singapore-based wine investment company has been arrested after evading authorities for 13 years, accused of defrauding over S$12 million from wine buyers. Read More
Wine lovers, get ready to put your taste buds to the test and win a free trip to France! Read More