Luxury conglomerate LVMH reported a 35.7% decline in operating profit for its wine and spirits division in 2024, as weaker demand in China and a challenging global market weighed on sales. Read More
China
Ever wonder where all the imported wines in China end up? In this report, we track the top destinations, highlight the leading markets for sparkling wine, and break down each top importer’s key wine suppliers. Read More
Meijian Green Plum Wine, a popular plum wine brand in China, ignited controversy over gender discrimination in its promotional materials, drawing attention to the growing power of female consumers in the alcoholic beverages market. Read More
Australian wine exports surged to AU$2.55 billion in 2024, driven by China's strong rebound, but Wine Australia warns that global headwinds and uneven growth could threaten long-term stability. Read More
One of China's leading wine importers, EMW Fine Wines, has just announced a major leadership change and appointed a new intrim CEO. Read More
For the first time in years, Kweichow Moutai, is slashing its production due to softening market demand. Read More
How can wine benefit from the anticipated wedding boom in 2025? Read More
China's wine imports for the first time has rebounded in five years, and here are the top 10 wine suppliers driving the changing dynamics of one of the world's most influential markets. Read More
Sam's Club could be making record sales in 2024 but can its wine sales keep up? Read More
COFCO Wine & Wine, one of China’s largest wine importers, has brought back a seasoned captain to steer the ship through challenging waters. Read More