Supply chain jam and rising production costs triggered by the COVID-19 pandemic and Ukraine War are crippling dry goods supplies and adding pressure to the wine industry and end consumers.
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Wine
Australia's leading wine exporter Casella Family Brands, the parent company behind Australia's biggest selling wine brand, Yellow Tail, has reportedly put up from 35 vineyards in Australia up for sale. Read More
As Western sanctions start to bite Russian economy, it looks like Russia might be swapping fine Bordeaux and Barolos with wines made from China, India and Turkey. Read More
Greater China's leading wine importer, Links Concept, has been appointed as the official distributor and exclusive on-trade distributor of Italy's pioneering winery in Fiuli, Jermann, in Hong Kong starting from May 2022. Read More
Australian wine exports saw moderate growth from market diversification outside of mainland China, but the progress was no match to offset the loss from its former largest export destination. Read More
Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn. Read More
A tersely worded official statement announcing the arrest of a person surnamed Ma in Alibaba founder Jack Ma's home base has triggered concerns over Ma's fate. Read More
Lin Liu MW has set herself out and wows to be an independent voice to guide Chinese wine consumers. Will she be the next Robert Parker for China? Read More
New Zealand's Pinot Noir pioneer Larry McKenna at Escarpment Wines will retire after this year's harvest. Read More
English sparkling wine producer, Rathfinny Wine Estate, which has taken over the world’s greatest restaurants, is now partnering with Hong Kong-based importer Fine Vintage to conquer the Asia wine hub. Read More