China’s biggest online drinks retailer 1919.cn has reportedly closed 20 offline stores in Shanghai and is planning more closures nationwide amid the country’s slowing economy, according to Chinese media. Read More
China
While French president Emmanuel Macron gifted Chinese president Xi Jinping a rare Domaine Romanée-Conti 1978 valued around 20,000 euros during his China trip, Xi matched up with arguably one of the best Chinese wines produced today in return. Read More
A video showing the production of fake Château La Tour Carnet, a grand cru classe estate in Bordeaux, has caused uproar in Chinese wine trade. Read More
In a blow to Penfolds’ efforts to protect its trademark in China, Beijing High Court has overturned a decision by Beijing IP court to invalidate Rush Rich’s trademark claim of Ben Fu Winery (奔富酒园). Read More
Once the darling of the wine world, Bordeaux now looks tired and some might even dare to suggest, “passed its prime”. Read More
E-commerce will significantly surpass sales of global travel retail over the next five years, according to a new report by International Wine & Spirits Research … Read More
Bigger bottle size is not particularly popular in China and dining out is not necessarily the most popular occasion for wine consumption in China, as a HKTDC report shows. Read More
A fraudster has been sentenced to three years in jail and fined for RMB 150,000 (US$21,400) for selling counterfeit Australian wine Penfolds in Shanghai. Read More
China’s leading wine importer, ASC Fine Wines, affirms pledges of long-term commitment to Chinese wine market in an effort to boost market confidence, as the company cautiously navigates in a slowing wine market after the exit of DBR Lafite’s two volume brands and key personnel changes. Read More
