Unlike their Western counterparts, who often view wine as outdated, many young Chinese see it as a trendy and aspirational drink, making them a prime target for brands. Read More
Wine
With the wine education market under pressure, WSET and its partners are navigating a tougher, more competitive landscape—one where prestige alone is no longer enough to drive enrollment. Read More
Authorities in Zhuhai, Guangdong have uncovered a massive wine and spirits smuggling operation, with over 1 million bottles seized. Read More
The European Union is pushing India to lower tariffs on wine, spirits, and other key exports as part of efforts to boost bilateral trade, while concerns mount over potential U.S. tariff hikes on European goods. Read More
Dairy Farm Internatinal Group (DFI), the operator of Hong Kong's leading supermarket and retail chains including Wellcome and 7-Eleven convenience stores, has announced leadership changes. Read More
Exports of Ningxia wine surged 125% in 2024 despite a global economic downturn that weakened wine sales, former Hong Kong Chief Executive Leung Chun-ying said … Read More
Despite a challenging economic climate and cautious capital markets, investors are betting big on China’s instant alcohol retail boom. Read More
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