Last week, a live stream hosted by Googut Spirts was taken over by angry former employees demanding overdue wages, blowing its cashflow issue wide in the open. Read More
China
Beyond the Fruit Bomb: Is Western Australia’s New Wine Frontier the Next Big Hit for Chinese Buyers?
Beyond the Fruit Bomb: Is Western Australia’s New Wine Frontier the Next Big Hit for Chinese Buyers?
With tariffs lifted and interest renewed, could these lesser-known Australian wines from Great Southrn wine region soon be the next big hit in China’s premium wine market? Read More
This free port, with zero wine tax, is becoming an important platform for Chinese wines to connect with the global market. Read More
Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market China, according to the latest data released by Wine Australia. However, the trade association also cautions if the growth can sustain. Read More
The shift toward budget-friendly wine has fueled the success of low-cost options like Aldi’s offerings and Saizeriya’s house wines. As Chinese consumers trade down, some industry experts believe this trend could actually broaden wine’s appeal in the market, making it more accessible than ever. Could affordable bottles spark the next wave of wine culture in China? Find out how the market is evolving. Read More
Argentina exported 178,000 liters of wine to China, but the value accounts for just 6% of what is exported to the US. Read More
While wine sales for business and gifting have notably declined, unconventionally packaged wines are finding new avenues for growth. Here's our full report. Read More
The conglomerate is also an investor in Googut Spirits, a Chinese drinks company known for its vintage Baijiu and the owner of YesMyWine.com, which was once dubbed the “number one global wine e-commerce platform” by Bordeaux École de Management. Read More
TWE has agreed to a AU$65 million (US$43.47 million) settlement to resolve a class action alleging the company breached its continuous disclosure obligations and provided misleading earnings guidance following a downgrade in 2020. Read More
Wine has enjoyed the highest growth among all alcoholic beverages in Taiwan, earning it a nickname as "red gold" in Taiwan. Read More