Leading wine merchants in South Korea are facing significant financial strain as the nation's wine market cools, with major importers reporting a sharp decline in sales that has cut their market value and profits by more than half. Read More
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The fast growth of instant O2O liquor retail marks a significant shift towards convenience and speed, and has become a new focus for growth even in challenging times. Read More
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
Hong Kong's once-bustling wine scene faces unprecedented new challenges amid the city’s economic downturn, shifting demographics following expat exodus, and an increasing number of penny-wise locals who prefer to wine and dine across the border. Read More
Shanghai, Beijing of course are on the list but there's one province that showed significant growth that defied the overall slump. Here are China's top 10 wine importing provinces and cities in 2023. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
According to data from China's Bureau of Statistics, Chinese residents, on average, allocated about 30% of their spending to food, tobacco, and alcohol, including wine, last year. Read More
Following Australia’s setback in China market, Chile's anticipated market expansion was underwhelming. Here's why. 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
Buying wines in Thailand is gonna get much cheaper, with the country set to abolish import tarifffs completely and slash excise tax. Read More
