Australian Vintage Ltd. announced today that it has signed a conditional agreement to acquire international ownership of the MadFish Wines brand from Burch Family Wines for an undisclosed sum. Read More
Wine
A British man accused of orchestrating a nearly US$100 million wine investment scam will be extradited to the United States to face charges, a London court ruled this week. Read More
The California Wine Institute has appointed its first-ever North Asia sommelier ambassadors following a four-day bootcamp held in Tokyo and the Izu Peninsula from May 12 to 15. Read More
We spoke with some of China’s biggest en primeur buyers about the 2024 Bordeaux campaign—and despite the deepest price cuts in a decade, reactions are anything but unanimous. Read More
While Western-style eateries are growing in number and market share, a closer look reveals a tale of two trajectories: fast food is thriving, but fine dining closely linked to on-trade wine sales is fighting to survive. Read More
While data might suggest a dramatic resurgence for Australian wines into China, most WA wineries tell a quieter story. Re-entry into China, for many, remains tentative. We talked to local proudcers on their strategy for China. Read More
Hong Kong real estate magnate and billionaire collector Joseph Lau is set to auction the third instalment of his prized wine cellar later this month, following two blockbuster sales that together fetched over US$16 million. Read More
White wines have become so popular in China that producers are now repurposing red grapes to meet surging demand. Read More
Treasury Wine Estates named Sam Fischer as its next chief executive officer, replacing Tim Ford after a five-year tenure that saw the company navigate pandemic disruptions, trade tariffs, and a strategic overhaul of its wine portfolio. Read More
The price of Feitian Moutai — long considered the “gold standard” of China’s alcohol market — is feeling the chills of China's cooling business environment, as its price drops to a four year low. Read More