Luxury group LVMH's wines and spirits revenue soared 26% last year, thanks to reopening of on-trade business in the US, Europe and a rebound in Asia. Read More
Wine
China’s wine imports failed to recover in 2021 and has hit a historical low, continuing a worrying downward trend as the latest customs data has shown, with both volume and value contracting during the 12 months. Read More
A wine importer in China has been handed a one-year-and-three-month sentence and a hefty fine of RMB 550,000 (US $86,460) for wine smuggling, taking advantage of cross-border e-commerce platforms that more than halved wine taxes. Read More
China’s regional court has convicted four men of counterfeiting Penfolds’ trademark, after uncovering more than 1,140 bottles of fake Penfolds and 500kg of unbottled bulk wines during a police operation last January. Read More
As Euro Chamber expects Hong Kong's zero-Covid policy to last until 2024, we explore here the impacts it will play out on local wine market. Read More
Argentina's wine industry has seen meteoric rise in the past decade. Here are 10 wines featured at a recent wine dinner organized by Argentina Consulate General in Hong Kong, that embody why the country's winemaking is at its finest now. Read More
Secondary market activity for Australian wine experienced significant decline as a result of Chinese anti-dumping tariffs, as reported by Liv-Ex. Read More
Robert Parker’s Wine Advocate has released the first edition of top 10 fine wines in China and awarded for the first time a high score of 95 to a Chinese wine. Read More
Two of Japan’s largest beverage groups, Suntory Holdings and Kirin Holdings Co., have suspended part of the wine sales due to production and shipment delays amid COVID-19 pandemic. Read More
Europe's biggest wine trade affair ProWein Düsseldorf has officially been postponed from March to May this year, due to the rapid spread of the Omicron variant affecting global travels. Read More