Château de La Rivière, a prominent Bordeaux wine estate linked to a fatal helicopter crash in 2013, has been sold by its Chinese owner to Luxembourg-based private equity firm GFI, marking the latest withdrawal of Chinese capital from France’s wine industry. Read More
China
Hema X Membership concept was created to rival international giants like Costco and Sam’s Club,However, in the wine category, Hema X struggled to deliver on its premium positioning. Read More
The departure adds to a growing list of leadership shake-ups at the baijiu maker, which is majority-owned by London-based drinks giant Diageo. Read More
With 141 million yuan in legal disputes, stock dumping allegations, and whispers of liquidation, the unraveling of Chongqing Yifei reveals deeper trouble brewing in China’s traditional retail alcohol sector. Read More
Despite tepid performance from first half of 2025, Australian Vintage Ltd.'s China business is rebounding, its key partner in China COFCO Wine & Wine told us. Read More
Imports of Italian sparkling wine into China surged in June, but is the spike a sign of booming demand, or simply the result of global trade jitters and changing drinking habits? We talked to leading wine groups and importers to find out. Read More
China’s—and arguably the world’s—largest alcohol retail chain, 1919 Group, has announced plans to close approximately 1,500 stores, citing a misalignment in business philosophy with some of its franchise partners. Read More
Australia’s bestselling brand [yellow tail] is getting a facelift, going upmarket, and cracking down on copycats in China — all in a bid to stay ahead in a cooler, more crowded market. Read More
For a man with a doctorate and overseas education, Gong Yimin’s downfall was surprisingly pedestrian: whisky. Not just any whisky, but thousands of bottles of premium Scotch, slipped past Chinese customs under the radar — and vastly undervalued. Read More
China to Launch Hainan Free Trade Port on Dec. 18, but Wine and Spirits Excluded From Duty-Free List.
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