The French wine and spirits sector witnessed a notable decline in exports in 2023, with figures falling 5.9% to €16.2 billion admist global economic challenges, prompting the President of FEVS to call it "a wake-up call" for French wine and spirits companies. Read More
Asia
Treasury Wine Estates, the Australian wine giant that owns Penfolds, says it’s “prepared and well placed” to resume shipping of its wines including Penfolds Bin and Icon series to the Chinese market once Beijing completes tariff review as soon as next month. Read More
South Korea is looking into raising purchasing limit for duty-free alcohol as a way to boost tourism, the country's Korea Customs Service (KCS) has revealed. Read More
Australian wine exports declined in 2023, falling significantly below long-term averages due to a slowdown in Europe and North America amid softening global wine demand and lukewarm sales. Read More
After three years of rapid growth, Korea's imported wine market is experiencing a downturn as home consumption decreases and inventories accumulate. Read More
67 Pall Mall, the London-born private Members’ Club for wine lovers, has made its long-waited foray into Asia's fine wine capital Hong Kong with its 'En Primeur' membership that offers exclusive events, tastings and experiences, with full access to 67 Pall Mall’s global portfolio of Clubs. Read More
This vintage is particularly noteworthy as it represents the first time since 2002 that Cristal has been crafted from a blend of grapes from all 45 of the estate's vineyards, a testament to the full expression of Louis Roederer's revered cuvée. Read More
Buying wines in Thailand is gonna get much cheaper, with the country set to abolish import tarifffs completely and slash excise tax. Read More
In 2023, France exported more sparkling wines led by Champagne to Japan than all of its still wines combined. Read More
Zenato Winery is expanding into the Asian market through a strategic partnership with Hong Kong-based wine importer Links Concept. But it's not just stopping there. Read More