Hong Kong's wine market has yet to rebound to pre-pandemic levels. In fact, its value dropped by more than a thrid compared with 2018. Here's our full analysis on the market's performance in 2023. Read More
Europe
Marking its 30th anniversary, this year's edition will unveil what organizers tout as "the world's largest and most comprehensive lineup of wines and spirits," with participation from 5,700 exhibitors spanning over 60 countries. Read More
The French wine and spirits sector witnessed a notable decline in exports in 2023, with figures falling 5.9% to €16.2 billion admist global economic challenges, prompting the President of FEVS to call it "a wake-up call" for French wine and spirits companies. Read More
According to Federvini Vice President Piero Mastroberardino in Italy, he faults France's negociant system for squeezing profits out of winegrowers, spurning protests in France. Read More
DBR Lafite Group has been awarded nearly RMB 80 million in a landmark lawsuit case against counterfeiters, a record-breaking amount granted to a foreign wine company. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
Laurent Delaunay, from a renowned négoce family, will lead the BIVB board for the next two years, focusing on a range of pressing issues. Read More
Cult Wines has robustly denied allegations of cancelling Bordeaux En Primeur wine orders worth €20 million. The allegations, initially reported by a Chinese media outlet, has caused a huge stir among the wine trade in China, Bordeaux's largest export market. Read More
Global wine consumption has undergone a "structural shift", with white and rosé wines now surpassing red in popularity, largely driven by the success of sparkling wine such as Italian Prosecco, according to the (OIV). Read More