Despite a challenging economic climate and cautious capital markets, investors are betting big on China’s instant alcohol retail boom. Read More
Wine
COFCO Wine and Wine, the state-owned wine importing company, is foraying into China's booming instant retail for wine. Read More
As romance went digital, wine became an unexpected star on instant retail channel, and revelers are not going for traditional reds. Read More
Warren Buffett’s Berkshire Hathaway invested US$1.24 billion in Constellation Brands in the fourth quarter of 2024, marking the first time the billionaire’s firm has taken a stake in the global alcohol company. Read More
Bordeaux’s wine production fell to its lowest level in more than three decades in 2024, driven by climate challenges, declining global demand, and strategic supply cuts by winemakers. Read More
French wine and spirits exports fell for a second consecutive year in 2024, dragged down by weaker demand in China, according to a report released Tuesday by FEVS. Read More
Wine Paris, the three-day trade fair, drew 52,622 visitors from 150 countries from Feb. 10-12, setting a new record for attendance. Read More
China’s largest duty-free operator has allegedly removed cognac products from top producers, including Martell, Hennessy, and Rémy Cointreau, in what appears to be an escalation of trade tensions between Beijing and Brussels. Read More
The network is suspected of exporting up to 24,000 liters of fake wine, with an estimated financial impact reaching millions of dollars. Read More
What does it take to create an icon? For Chile’s Icio, its most revered Pinot Noir, the journey was anything but conventional—this is the story of how it was born. Read More