Guangzhou Bacchus Fazhuang, founded in 2016, has become mainland China’s largest importer of wines from the Hospices de Beaune. Its unlikely engine of growth: livestreaming on Douyin, Xiaohongshu, and WeChat video. Read More
Europe
Château Lafleur, one of Pomerol’s most prestigious estates, has announced that beginning with the 2025 vintage, its wines will no longer carry the Pomerol AOC designation — nor even the broader Bordeaux AOC label. Read More
Château de La Rivière, a prominent Bordeaux wine estate linked to a fatal helicopter crash in 2013, has been sold by its Chinese owner to Luxembourg-based private equity firm GFI, marking the latest withdrawal of Chinese capital from France’s wine industry. Read More
Imports of Italian sparkling wine into China surged in June, but is the spike a sign of booming demand, or simply the result of global trade jitters and changing drinking habits? We talked to leading wine groups and importers to find out. Read More
Champagne Barons de Rothschild has launched its first-ever single-vineyard cuvée, Le Grand Clos. The inaugural three bottles sold for a total of £16,120, setting a new record for the house. Read More
Diageo, the global spirits giant behind brands like Johnnie Walker and Guinness, announced on July 16 that CEO and board director Debra Crew has stepped down from her role with immediate effect. Read More
Faced with a looming 30% U.S. tariff on European goods, Italian wine producers are shifting focus to emerging markets in Asia, Latin America, and Africa in a bid to reduce reliance on their biggest export destination. Read More
Following Trump's 30% tariff threat, EU is drafting a retalitation package targeting €72 billion worth of American goods including Bourbon, wine and beer. Read More
Barcelona Wine Week (BWW), Spain’s flagship wine trade show, is set to return for its sixth edition from Feb. 2 to 4, 2026, with nearly all available exhibition space sold out and 95% of past participants returning. Read More
With a price tag more than double that of Grange, we spoke to Penfolds distributors to gauge whether Chinese consumers are willing to pay up—at a time when spending is tightening. Read More