Chile's leading wine group Concha y Toro reported a record-breaking year for 2021, with group revenue up by 12.7% to US$ 1.097 billion, bolstered by premium sector and strong performance in export markets including China. Read More
China
Douyin, the popular Chinese video streaming app boasting 600 million daily active users, is reportedly developing its own wine and spirits e-commerce platform, throwing its hat in the ring to capture the country’s lucrative drinks market by leveraging its live-streaming strength. Read More
China's leading wine importer EMW Fine Wines is betting big on Chinese wine, with another Ningxia estate added to its portfolio. Read More
Summergate Fine Wines and Spirits and Maison M. Chapoutier have entered an exclusive distribution partnership for three of its brands including iconic Rhone wine M. Chapoutier, as well as Trenel in Burgundy and Beaujolais and Provence's Château des Ferrages for the mainland China market. Read More
A wine company lost 2600 bottles of wines after its wine smuggling operation gone awry. Read More
According to a recent survey on the top 100 selling wines in China in 2021, 95 out of the 100 wines are overwhelmingly sealed under corks, confirming Chinese wine consumers' strong preference for cork closures. Read More
Château Loudenne, the Cru Bourgeois estate in Haut Médoc owned by China’s liquor giant Kweichow Moutai, has now been sold to a French wine group after it was dogged by lawsuits and bankruptcy. Read More
Speculations are running high inside China that Australia’s most known wine brand Penfolds is a step closer in launching its Chinese Penfolds, reportedly made by blending wines from the country's premier wine region Ningxia and South Australia. Read More
A Chinese company was busted by the market watchdog of Chengdu for advertising counterfeit Chateau Latour on live-streaming platforms in Chengdu, southwest China. Read More