China’s largest duty-free operator has allegedly removed cognac products from top producers, including Martell, Hennessy, and Rémy Cointreau, in what appears to be an escalation of trade tensions between Beijing and Brussels. Read More
Europe
The network is suspected of exporting up to 24,000 liters of fake wine, with an estimated financial impact reaching millions of dollars. Read More
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
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