According to Federvini Vice President Piero Mastroberardino in Italy, he faults France's negociant system for squeezing profits out of winegrowers, spurning protests in France. Read More
Wine
Australian wine exports declined in 2023, falling significantly below long-term averages due to a slowdown in Europe and North America amid softening global wine demand and lukewarm sales. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
After three years of rapid growth, Korea's imported wine market is experiencing a downturn as home consumption decreases and inventories accumulate. Read More
DGB, South Africa's largest independent wine and spirits producer, has furthered its commitment to the Helderberg wine region by acquiring the Avontuur wine brand, cellar, and cellar door, following its acquisition of 136 hectares in the area last October. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
Bonhams, the international auction house, has appointed Amayès Aouli as its new Global Head of Wine and Spirits, a position he will assume with immediate effect from his base in France. Read More
67 Pall Mall, the London-born private Members’ Club for wine lovers, has made its long-waited foray into Asia's fine wine capital Hong Kong with its 'En Primeur' membership that offers exclusive events, tastings and experiences, with full access to 67 Pall Mall’s global portfolio of Clubs. Read More
According to data from China's Bureau of Statistics, Chinese residents, on average, allocated about 30% of their spending to food, tobacco, and alcohol, including wine, last year. Read More
In a striking indication of an emerging trend, wine has become the latest target for drug traffickers, as evidenced by two separate cases of liquid cocaine smuggling on the same day in Hong Kong. Read More