Treasury Wine Estates, the Australian wine giant that owns Penfolds, says it’s “prepared and well placed” to resume shipping of its wines including Penfolds Bin and Icon series to the Chinese market once Beijing completes tariff review as soon as next month. Read More
China
DBR Lafite Group has been awarded nearly RMB 80 million in a landmark lawsuit case against counterfeiters, a record-breaking amount granted to a foreign wine company. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
According to data from China's Bureau of Statistics, Chinese residents, on average, allocated about 30% of their spending to food, tobacco, and alcohol, including wine, last year. Read More
As Chinese New Year approaches, the frequency of border crossings between tax-free Hong Kong and the mainland has increased, alongside a rise in illegal wine smuggling. Read More
Following Australia’s setback in China market, Chile's anticipated market expansion was underwhelming. Here's why. Read More
ASC Fine Wines, China's largest fine wine importer, has formally announced that its COO Mario Aron will be stepping down due to personal reasons. Read More
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
Cult Wines has robustly denied allegations of cancelling Bordeaux En Primeur wine orders worth €20 million. The allegations, initially reported by a Chinese media outlet, has caused a huge stir among the wine trade in China, Bordeaux's largest export market. Read More