Lotte Chilsung's alcohol business generated first-half sales of US$280 million, up 1.9% in H1 2026. Operating profit increased 34.5% to US$16.6 million. Read More
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The United States retained its unusual position as South Korea’s second-largest wine supplier by value, and Chile is no longer South Korea's biggest wine supplier by volume. Read More
The Australian wine giant is cutting production, idling vineyards and considering asset sales in America but a 40% surge in Penfolds’ China sales helped push underlying earnings above guidance. Read More
Results for the 2026 financial year, released on Aug. 6, showed that organic net sales in Greater China fell 34.9% year on year. Sichuan Swellfun, Diageo’s principal baijiu asset in China, is also expected to report a loss for the first half of 2026. Read More
Here in this explainer, we break down what is known in the criminal investigation into Lady Penguin's company and what remains unclear. Read More
China’s biggest wine influencer built a six-million-follower empire that once sold RMB 350 million worth of wine a year. Now, the company behind Lady Penguin is heading to court over alleged smuggling. Read More
Hong Kong’s wine market is growing again, with both import volume and value in positive territory for the first time since 2021. What is driving the recovery? We spoke to leading wine merchants to find out. Read More
As demand shrinks and deflation spreads, the brands that win the next decade in China won't be the ones that shipped the most during the downturn; they'll be the ones that protected pricing, chose the right partners and refused to chase volume for its own sake, argues Don St Pierre Jr. Read More
Diageo has become the latest international spirits giant to face regulatory action in India over product compliance, following similar scrutiny of Pernod Ricard in one of the world's largest alcohol markets. Read More
Ningxia gave Chinese wine its international benchmark story. Hebei may offer something different: proximity to Beijing, historical roots, diverse winery models, and a more immediate path to wine tourism and domestic consumers. Read More