While the Liv-ex Fine Wine 100 Index posted its steepest monthly drop since August 2023 in April, Asian buyers have begun to fill the gap left by the retreating U.S. market—led by a resurgent demand for Burgundy. Read More
France
Changyu, China’s largest wine producer, is selling its French Cognac estate and related property for 4.8 million euros (about US$5.2 million) as part of ongoing efforts to offload underperforming assets and shore up its finances. Read More
China and French brandy producers have reached a preliminary agreement on pricing, a key development in Beijing’s anti-dumping investigation into European brandy imports that signals easing tensions between the two sides. Read More
When one of France’s most famous producers, Michel Laroche, of Domaine Laroche in Chablis uncorked 90 bottles of his award-winning Grand Cru Blanchot at a … Read More
We spoke with some of China’s biggest en primeur buyers about the 2024 Bordeaux campaign—and despite the deepest price cuts in a decade, reactions are anything but unanimous. Read More
Hong Kong real estate magnate and billionaire collector Joseph Lau is set to auction the third instalment of his prized wine cellar later this month, following two blockbuster sales that together fetched over US$16 million. Read More
According to Chinese state media, in 2024 Bordeaux wine imported via Tmall Global accounted for nearly 20% of all Bordeaux wine exports to China. Read More
The drop was driven largely by a 17% fall in Cognac and other spirits, while Champagne and still wines slipped just 1%. Read More
The Bourgogne Wine Board (BIVB) warned the new tariff could cost the region’s producers up to €100 million (about US$108 million) in lost export revenue, dealing a serious setback in what has long been their largest overseas market. Read More
Investigators seized 705 bottles of wine and estimated tax evasion at more than 16 million yuan (US$2.2 million) including well-known names Louis Jadot and Domaine Faiveley. Read More