Waimai Alcohol Delivery, Meituan’s on-demand alcohol arm, is on track to double its transaction value in 2025, highlighting both the momentum — and mounting strains — in China’s fiercely competitive instant retail race. Read More
China
Instant liquor retail market went through another consolidation as another major player has changed hands: Henan Liquor Easy Trading Corporation Limited (酒便利), has sold about 51% of its equity through a court-supervised auction. Read More
With 50 whisky distilleries in operation, China’s whisky ambitions are racing ahead of consumption. Will the next major whisky producer be China? Read More
Treasury Wine Estates said it is now “unlikely” to see a near-term improvement in sales in the United States and China - its two largest markets - and will cut hundreds of thousands of cases of shipments as inventories build up and pricing pressure intensifies. Read More
The founder of China’s largest specialist liquor retailer has emerged as the new controlling shareholder of Grace Vineyard, one of the country’s best-known boutique wine producers, in a deal that links two previously separate corners of China’s drinks industry. Read More
The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.
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As tariffs lift and Australian wine re-enters China, leading Australian wine importer Mega Wines confronts a transformed market defined by shrinking business demand, cautious distributors and shifting consumer tastes.
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A tiny bistro inside a Guangzhou AEON is drawing crowds with ultra-cheap glass pours — reshaping wine habits and redefining what an entry-level wine experience can be.
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As global volumes fell 9.2% in 2024, Champagne Lenoble CEO Guillaume Truchot says the softer market is proving favourable for smaller, terroir-driven houses focused on quality rather than scale. Read More
China has granted formal geographical indication (GI) protection to 70 Bourgogne wine appellations, extending legal safeguards from prestigious Grand Crus such as Montrachet to village-level names including Pommard and Côte de Nuits-Villages. Read More