Luxury conglomerate LVMH reported a 35.7% decline in operating profit for its wine and spirits division in 2024, as weaker demand in China and a challenging global market weighed on sales. Read More
Europe
China's wine imports for the first time has rebounded in five years, and here are the top 10 wine suppliers driving the changing dynamics of one of the world's most influential markets. Read More
EU wine exports to most Asian markets suffered setbacks in 2024 with the exception of one market that bucked the downward trend.
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The probe, originally scheduled to conclude within a year, will now run until April 5, 2025. Read More
Frédéric Rouzaud of Louis Roederer shares how tradition, massal selection, and a commitment to quality continue to define the iconic Champagne house’s legacy. Read More
In celebration of the handover from Portugal, he enjoyed a Ningxia wine alongside a Portuguese wine. Read More
This price hike marked its first price adjustment in China since the government imposed anti-dumping measures on European brandy imports earlier this year. Read More
According to a report published by the International Organisation of Vine and Wine (OIV) on November 29, wine consumption in Europe—the primary market for wine—has plunged to its lowest level since 1951. Read More
Four climats from the Pouilly-Loché and Pouilly-Vinzelles appellations, located in the Mâconnais region of southern Bourgogne, are officially recognized as Premier Crus. Read More
The 2022 label for Chateau Mouton Rothschild grand vin celebrates the 100th anniversary of estate's longtime owner Philippe de Rothschild. Read More