China’s imported spirits market experienced a sharp downturn in 2024, with brandy and whiskey imports plummeting under the weight of high inventory levels and waning demand. Read More
Whisky
Authorities in Zhuhai, Guangdong have uncovered a massive wine and spirits smuggling operation, with over 1 million bottles seized. Read More
China is raising tariffs on several types of alcohol, including vermouth, brandy, and whisky, in a move that is expected to further strain the country’s sluggish liquor market. Read More
South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
Shares of major alcohol companies fell after U.S. Surgeon General Vivek Murthy linked alcohol consumption to cancer risks and called for warning labels on alcoholic beverages. Read More
Five years after entering the whiskey business, Grace Vineyard has decided to exit the sector due to financial strain and challenging market conditions. Read More
Can Gen Z break free from China’s deeply rooted drinking culture, where toasting is a test of respect and ambition? With clever strategies and bold defiance, they’re challenging traditions that many find outdated and oppressive. Read More
Watson’s Wine, Hong Kong’s largest wine retailer, is cutting premium spirits prices by up to 60% and plans to open a dedicated premium spirits shop early next year as part of its goal to grow its market share in the spirits sector to 25% within the next three years.
Read More
Major international spirits giants are making substantial bets on China’s nascent whisky industry, with the latest unveiling of Diageo's Yuntuo distillery in Yunnan. What's fuelling the foreign invest in whisky of Chinese origin? Read More
Leading the pack, Singapore emerged as the favorite, with four bars earning spots on the prestigious list. Read More