Tom King, managing director of Australia’s popular wine brand Penfolds, has met with China’s official drinks trade organization, the first high-level meeting between the two parties following the signing of their long-term partnership last year. Read More
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Sotheby's has launched its first ever online auction of China's most famous spirit Moutai specially tailored for collectors in mainland China, leveraging the country's most popular social media platform - WeChat - to allow its 1.24 billion users to bid online. Read More
Vinexposium, the leading wine and spirits professional event organizer, and Bettane+Desseauve, an internationally recognized group of experts, have created an alliance to promote wines and spirits. Read More
Hong Kong authorities are meeting with Guangdong counterparts to combat the resurgence of cross-border parallel trading after the full reopening between Hong Kong and mainland borders, according to Hong Kong customs. Read More
China’s biggest online drinks retailer 1919.cn has announced that it is suspending its trading on China’s third national equity trading venue starting from February 17, paving its way for eventual delisting. Read More
Cristina Torres, the 35-year-old member of the fifth generation of Familia Torres, has been named as General Manager at Marimar Estate Vineyards & Winery, following a stellar track record of doubling the estate's nationwide sales in the US and spearheading the formation of International Wineries for Climate Action (IWCA). Read More
French drinks giant Pernod Ricard is planning to raise prices for its drinks due to inflation pressure and stablized demand for spirits in its top markets in the US and China. Read More
South Korea’s leading retail giant Lotte is eyeing to purchase domestic and foreign wineries in an effort to beef up its wine business, bolstered by the country’s fast-expanding domestic wine market. Read More
While imported wines suffered a nosedive last year, popularity of Chinese wines particularly from China's premier wine region Ningxia enjoyed soaring growth online across the country's major e-commerce and social media platforms. Read More
France’s wine and spirits exports reached record high in 2022 thanks to inflation, making it the second largest export after aerospace goods. Read More