Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market China, according to the latest data released by Wine Australia. However, the trade association also cautions if the growth can sustain. Read More
Wine
The shift toward budget-friendly wine has fueled the success of low-cost options like Aldi’s offerings and Saizeriya’s house wines. As Chinese consumers trade down, some industry experts believe this trend could actually broaden wine’s appeal in the market, making it more accessible than ever. Could affordable bottles spark the next wave of wine culture in China? Find out how the market is evolving. Read More
The International Organisation of Vine and Wine (OIV) has made history by electing its first President from Africa. Read More
However, TWE’s performance will depend on the economic environment and geopolitical dynamics in key markets, including China. Read More
Argentina exported 178,000 liters of wine to China, but the value accounts for just 6% of what is exported to the US. Read More
While wine sales for business and gifting have notably declined, unconventionally packaged wines are finding new avenues for growth. Here's our full report. Read More
Aleksandr lugov, a notorious wine fraudster who had been previously convicted of faking fine wines including the rarefied Domaine de la Romanée-Conti (DRC) in 2017, was again arrested in Italy seven years later. Read More
Korea’s wine market continues to contract in the first half of the year, as the country’s leading importers including Nara Cellar and Lotte are reporting profit loss - more than 240% in one case. Read More
TWE has agreed to a AU$65 million (US$43.47 million) settlement to resolve a class action alleging the company breached its continuous disclosure obligations and provided misleading earnings guidance following a downgrade in 2020. Read More
Wine has enjoyed the highest growth among all alcoholic beverages in Taiwan, earning it a nickname as "red gold" in Taiwan. Read More