China’s biggest online drinks retailer 1919.cn has reportedly closed 20 offline stores in Shanghai and is planning more closures nationwide amid the country’s slowing economy, according to Chinese media. Read More
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While French president Emmanuel Macron gifted Chinese president Xi Jinping a rare Domaine Romanée-Conti 1978 valued around 20,000 euros during his China trip, Xi matched up with arguably one of the best Chinese wines produced today in return. Read More
Once the darling of the wine world, Bordeaux now looks tired and some might even dare to suggest, “passed its prime”. Read More
Overstock and mismanagement of imported wines has been cited as a key reason that led…
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With Trump administration’s punitive taxes corking French wine sales in the US, expectation on Asia to perform for the coming year is rising to make up for losses in the states, says Burgundy’s historic producer Maison Louis Latour’s Asia Export Director. Read More
China’s leading wine importer, ASC Fine Wines, affirms pledges of long-term commitment to Chinese wine market in an effort to boost market confidence, as the company cautiously navigates in a slowing wine market after the exit of DBR Lafite’s two volume brands and key personnel changes. Read More
Bordeaux wines are losing steam in its most profitable market in China. For the first time in recent years, Bordeaux, the most known wine region in China, experienced its Waterloo. Read More
Castle Li, one of the most important personalities in China’s drinks industry, has been relieved from his position as general manager of China’s second biggest domestic winery over “discipline violation”. Read More
In a new report on Hong Kong’s state of wine, Wine Intelligence made a bold…
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Premium wine sales in Hong Kong account for more than 50% of total wine sales, making it a global powerhouse for premium wine market, according to IWSR. Read More