E-commerce will significantly surpass sales of global travel retail over the next five years, according to a new report by International Wine & Spirits Research … Read More
China
Overstock and mismanagement of imported wines has been cited as a key reason that led…
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Bigger bottle size is not particularly popular in China and dining out is not necessarily the most popular occasion for wine consumption in China, as a HKTDC report shows. Read More
A fraudster has been sentenced to three years in jail and fined for RMB 150,000 (US$21,400) for selling counterfeit Australian wine Penfolds in Shanghai. 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
France might have found the biggest name in China’s wine trade to help revitalize its sluggish wine sales in China, the country’s president Xi Jinping. Read More
French president Emanuel Macron apparently wooed Chinese president Xi Jinping with a Languedoc wine on his three-day visit to China this week. Read More
Edward Ragg MW, the China-based Master of Wine, has just been announced as the new wine reviewer for Wine Advocate, covering China. Read More
Key personnel changes in China's wine market that included recent leadership change at ASC Fine Wines and Italian winery Avignonesi. Read More
Australian wine exports to China including Hong Kong and Macau reached a record value of AU$1.25 billion, a jump of 18% year on year for the year ended in September, the highest increase among Australia’s top export markets, as drinkers opt for more expensive bottles, according to Wine Australia. Read More