Australian winery Auswan Creek and French wine producer Bel Eden are joining forces in China through a strategic merger of their domestic distribution channels — a rare show of expansion in an otherwise sluggish market. Read More
China
The turnout lifted the spirits of some exhibitors but left others wondering whether the sudden surge of activity signalled a genuine rebound — or merely a brief flicker of optimism in a sluggish market. Read More
The regulator found that PwC failed to obtain “sufficient appropriate audit evidence” to verify Dynasty’s reported revenues for fiscal years 2010 and 2011, yet still issued an unqualified audit opinion. Read More
Vino Joy News uncovers the identity behind California’s latest wine world intrigue — and why a biotech magnate is swapping peptides for Pinot in Napa and Sonoma. Read More
Leveraging its algorithmic distribution and content ecosystem, Douyin has flipped the old model of “people looking for products” into one where “products find people.” Read More
In an era of instant retail, where speed sells and convenience reigns. But behind the glowing growth numbers, many distributors say they’re running faster just to stand still. Read More
China’s most traditional spirit is going abroad — but not quite the way it seems. New trade data shows millions worth of baijiu are being exported, then re-imported back home. Hong Kong is snapping up top-shelf bottles, South Korea is awash with cheap liquor, and the industry’s “globalization” push might just be one giant loop. Read More
China’s eight-day Mid-Autumn Festival and National Day holiday brought a mild rebound in dining and retail consumption — and with it, some signs of life in wine sales, particularly through on-demand delivery platforms. Read More
Longtime wine importer Shanghai Mercuris Wines Co., Ltd. has denied rumours of its closure after speculation spread across the trade, calling the claims “nonsense.” Read More
When a 50% baijiu struggles to sell but a 15% fruit-flavoured version can move 10 million bottles in six months, it’s clear the wind has shifted in China’s liquor market. Read More