In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
Europe
Enoteca Shanghai, the Chinese division of the leading Asian wine retailer Enoteca, has become the exclusive partner of Alsace's pioneering biodynamic producer Domaine Marcel Deiss for mainland China, as the retailer eyes the winery's "natural wine appeal" to the country's wine lovers. Read More
The 162nd edition of the annual Hospices de Beaune wine sale on November 20 will present a total of 51 different cuvées of the 2022 vintage produced from vineyards across the Hospices’ 60-hectare holdings. Read More
Treasury Wine Estates has announced that it has completed its majority acquisition of Château Lanessan in Haut Medoc, which would allow Penfolds to double its existing production capacity in France. Read More
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
Alberto Fernández, the much respected wine merchant who had built Torres China founded by Spanish wine giant Familia Torres as one of the most influential wine importers in China, has announced his departure from the company after serving 23 in his role. Read More
Five top wineries including Provence's flagbearer of high-end rose Domaines Ott, Alsace's iconic Trimbach winery and Spain's historic Bodegas Faustino will vie for the much coveted "European Winery of the Year" award at the Wine Enthusiast’s 23rd Annual Wine Star Award. Read More
Alsace, the fairytale French wine region that straddles between France and Germany, is among a few wine regions that earned its renown through its steely and age-worthy white wines than reds. It is also, just as it happens the number one biodynamic wine region in Europe. Read More
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
Avignonesi, Italy's biggest biodynamic winery and a leader in Vino Nobile in Montepulciano, has received B Corp certification, described as the "most rigorous and coveted social-environmental certification", as it takes a step further in its commitment to sustainability and social responsibly. Read More