Pernod Ricard has officially announced the construction of "first ever iconic malt whisky distillery" in China's southwestern Emeishan in Sichuan province, the latest venture into the lucrative Chinese market following its wine project in the country. Read More
China
Over 2000 wine importers in China have gone bust, discouraged by ongoing trade war and worsening economy that have squeezed profits and dampened consumer interest. Read More
A Chinese group has purchased The Knappstein in Clare Valley from Accolade Wines for reportedly AU$15 million (US$10.12 million).
The sale to Chinese conglomerate Yinmore … Read More
Hong Kong's richest man Li Ka-Shing has agreed to buy UK’s largest listed pubs and brewery group, Greene King, in a deal worth £4.6 billion. Read More
China’s leading winery Silver Heights is in the process of converting its vineyards and winemaking to biodynamic viticulture, Vino-joy.com has exclusively learned. Read More
Bonhams has set a new world record with the sale of full card series of Japanese cult whisky brand Hanyu Ichiro for the hefty price of HK$7,192,000 (US$ 917,000), nearly doubling the previous record of HK$3,797,500 (US$484,000) – also set by Bonhams Hong Kong in 2015. Read More
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates. Read More
China's leading winery Grace Vineyard has purchased a whisky distillery in the country's coastal Fujian province for HK$15 million (US$1.9 million), making its first foray into whisky production to make 'medium and high-end Chinese whisky', the company has announced this week. Read More
Southern Rhône varietals including Grenache, Syrah and Carignan are apparently adapting better to changing climate, while increasing temperature compounded woes for Bordeaux variety such as Cabernet and Merlot in Languedoc-Roussilon, according to the region’s leading producer Les Jamelles. Read More
China has lost out on its attractiveness as a wine market, according to the latest report by Wine Intelligence, amid the country’s slowing economic growth, escalating China-US trade war and depreciated Chinese currency. Read More