Chinese Customs authorities in Gongbei, Guangdong have seized RMB 35 million (US$5.04 million) worth of smuggled Penfolds that were funnelled from tax-free Macau to mainland China, as demand for the popular Australian wine brand continues to remain high despite crushing tariffs. Read More
Wine
Drinks giant Pernod Ricard reported record year of sales and profits in 2022, driven by strong, balanced and diversified growth but its wine category is lagging behind. Read More
Shinji Hori, President of Asia’s leading fine wine merchant Enoteca, reveals the growth drivers behind the Japanese wine company’s expansion in the past two years and how the wine conglomerate is tackling the ever-tightening squeeze on wine prices. Read More
ProWine Singapore, one of the region’s most important marketplaces for wines and spirits, will return for its third edition from September 5 to 8 at Singapore Expo, four years after its last edition as it aims to chart a growth map for the drinks trade in the post-pandemic Southeast Asian market. Read More
Champagnes Piper-Heidsieck, Charles Heidsieck & Rare Champagne, part of the family-owned EPI Group, have announced today the three producers have achieved B Corp certification status, one of the most demanding sustainability certification to achieve. Read More
La Place de Bordeaux, the historic distribution network that was first established to distribute Bordeaux fine wines, has found a new lease of life outside the French wine region with the autumn release of non-Bordeaux fine wines steadily gaining traction. Read More
Recognized as the most prestigious wine and spirit competition in Asia, the Hong Kong International Wine & Spirits Competition (HKIWSC) is returning for the 14th year, providing a valuable bridge to link producers directly with Asia's booming beverage market. Read More
China’s wine specialist, China Wine and Spirits (CWS), has become the exclusive importer for the historic Bourgogne house Edouard Delaunay for the mainland market, as consumer demand for Burgundy continues to rise. Read More
Hong Kong’s wine imports in the first half of the year have shrunk under the weight of the city’s weakened economic growth, fifth wave of Covid, global shipping delays and recession fears. Read More
Following a bombastic post by China's official trade organ stating a sweeping ban on Australian and New Zealand imports, both governments have come out to disperse the rumor, after it caused widespread fear and panic threatening billions of exports. Read More