Nearly 44% of Moutai’s revenue now comes through iMoutai, even as profit declines and distributors report sluggish demand for Feitian. Read More
China
Grace Wine reported revenue of RMB 15.86 million (US$2.34million) for the first half of 2026, down 15.4% year on year. Its loss for the period narrowed only marginally to RMB 2.90million (US$427,000), from RMB 2.90 million (US$428,000) a year earlier. Read More
China has added another Master of Wine, with Shenzhen-based Weiran Liu becoming the fourth Chinese national to earn one of the industry’s most demanding qualifications. Read More
Wajiu secures exclusive rights to three Penfolds wines, including two French labels, as TWE looks beyond its established bestsellers for new growth. Read More
Julien Boulard becomes one of only six people to hold both the Master of Wine and Master Sommelier titles, while Derek Li makes history as Hong Kong’s first homegrown Master Sommelier. Read More
The Australian wine group cut customer inventories in China by 200,000 cases, but distributors offered a more cautious assessment of underlying demand.
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Results for the 2026 financial year, released on Aug. 6, showed that organic net sales in Greater China fell 34.9% year on year. Sichuan Swellfun, Diageo’s principal baijiu asset in China, is also expected to report a loss for the first half of 2026. Read More
Here in this explainer, we break down what is known in the criminal investigation into Lady Penguin's company and what remains unclear. Read More
China’s biggest wine influencer built a six-million-follower empire that once sold RMB 350 million worth of wine a year. Now, the company behind Lady Penguin is heading to court over alleged smuggling. Read More
As demand shrinks and deflation spreads, the brands that win the next decade in China won't be the ones that shipped the most during the downturn; they'll be the ones that protected pricing, chose the right partners and refused to chase volume for its own sake, argues Don St Pierre Jr. Read More