Treasury Wine Estates said it is now “unlikely” to see a near-term improvement in sales in the United States and China - its two largest markets - and will cut hundreds of thousands of cases of shipments as inventories build up and pricing pressure intensifies. Read More
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The founder of China’s largest specialist liquor retailer has emerged as the new controlling shareholder of Grace Vineyard, one of the country’s best-known boutique wine producers, in a deal that links two previously separate corners of China’s drinks industry. Read More
The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.
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Established in 1829, Swan Valley is the birthplace of Western Australian wine and home to the region’s oldest surviving vines. Read More
As tariffs lift and Australian wine re-enters China, leading Australian wine importer Mega Wines confronts a transformed market defined by shrinking business demand, cautious distributors and shifting consumer tastes.
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Bonhams Hong Kong posted a white-glove result in its debut ex-cellar partnership with Burgundy’s Edouard Delaunay, selling 100% of the lots in an online auction featuring rare verticals and exclusive cuvées from the historic estate. Read More
A tiny bistro inside a Guangzhou AEON is drawing crowds with ultra-cheap glass pours — reshaping wine habits and redefining what an entry-level wine experience can be.
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At the 2025 IWSC, a rosé from New Zealand tied with a Provence rosé for the highest score in the category, earning one of the competition’s most prestigious distinctions. Read More
In Hong Kong, Jean-Baptiste, COO of JM Cazes Selection, told Vino Joy News that despite global challenges, the group’s business in Asia has remained robust. Read More
As global volumes fell 9.2% in 2024, Champagne Lenoble CEO Guillaume Truchot says the softer market is proving favourable for smaller, terroir-driven houses focused on quality rather than scale. Read More