Pierre Castel, one of the richest billionaires in the wine industry and founder of world’s third largest wine producer Castel, is being hit with US$416 million tax bill ordered by a Swiss court, according to a Bloomberg report. Read More
Bordeaux
The Universal Wine Museum, a mammoth project between Cité du Vin de Bordeaux and China, is expected to open its doors in Beijing in 2024. Read More
La Place de Bordeaux, the historic distribution network that was first established to distribute Bordeaux fine wines, has found a new lease of life outside the French wine region with the autumn release of non-Bordeaux fine wines steadily gaining traction. Read More
More than 1,000 firefighters are battling a "monster" wildfire in southwestern France near Bordeaux that has already destroyed about 7,400 hectares of forest, threatening the country's famous wine growing region. Read More
Bernard Magrez, the savvy wine entrepreneur who already has four classified Bordeaux estates under his name, has launched an ultra-premium Chinese wine range that is bent on “changing overseas wine consumers’ perception of Chinese wine”. Read More
ASC Fine Wines has become the exclusive importer and distributor of L'Âme de Pape Clément, the latest addition to the famed Graves estate Château Pape Clément for the country’s premium wine market including Hong Kong and Macau. Read More
Over 30 magnums of top Bordeaux wines including all first growths are among wines that are rejected from entering into mainland China market for what Chinese authorities determined as “labelling issue”. Read More
Allan Sichel has returned as president for Conseil Interprofessionnel du Vin de Bordeaux (CIVB), the Bordeaux wine trade body, after first serving his term from 2016-2019, CIVB has announced. Read More
Seven scholars from different regions have been picked to join the first Bordeaux Mentor Week, launched by wine writer Jane Anson to promote inclusion and equity, as well as empowering the industry new-starters with valuable connections and first-hand experience on the Bordeaux wine market. Read More
Bordeaux experienced a challenging year in 2021 as the region faced consecutively low crop yields, declining interest towards its En Primeur and fierce competitions from other regions. Read More