The majority shareholder of Henan Liquor Easy Trading Corporation Limited (JBL), one of China’s largest alcohol retailers with annual revenues of 1.7 billion RMB and over 300 physical stores, has reportedly disappeared from public view. Read More
China
A Vino Joy News investigation found that sales of premium wines in this channel, which allows consumers to buy duty-free products without leaving the country, are facing pressure from traditional wholesalers and cross-border e-commerce platforms, where prices are more competitive. Read More
We tapped three of Hong Kong’s top wine pros—Betsy Haynes from Northeast Wines and Spirits, Graham Kwok from Watson’s Wine, and Jefferson Liu from EMW Fine Wines—to find out exactly what bottles to crack open with your mooncake of choice. Read More
Joe Tsai, chairman and co-founder of Alibaba Group, has reportedly purchased vineyard plots in Burgundy’s prestigious Gevrey-Chambertin, located in the renowned Côte de Nuits wine region. Read More
The Chinese government has recently unveiled a major wine smuggling case worth RMB 310 million (US$42.5 million), marking one of the most significant busts in recent years. Read More
Li Xiaolong was crowned the winner of the 2024 China’s Best Sommelier Competition of French Wine yesterday after an intense afternoon of competition at Regent Shanghai on the bund. Read More
This November, Nyetimber, the trailblazing English sparkling wine producer, is set to shake up the market with its debut at ProWine Shanghai, aiming to challenge the dominance of traditional sparkling wine regions and capture the attention of Chinese wine lovers. Read More
Set for Sept. 29 this year, the Mid Autumn Festival typically drives significant wine demand through gifts and banquets. However, importers across China’s major wine-consuming regions who talked to us are reporting a more subdued market, even though some categories are defying the broader downturn. Read More
Australia's leading winery Brown Brothers and China's Vinehoo have teamed up in a "landmark" deal. Read More
Robert Foye, CEO of Accolade Wines, Australia’s second-largest wine producer, has announced his departure from the company. Read More