The European Commission approved a €5 billion (US$5.6 billion) French scheme Thursday to help wine and spirits exporters accelerate shipments to the US before a 90-day tariff truce expires July 8. Read More
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China’s sweeping new tariffs on American goods are already having unintended consequences—driving up smuggling activity as premium wine labels like California’s Opus One become increasingly lucrative targets for illicit trade. Read More
This year's ProWine Hong Kong will feature broadened international participation, an expanded wine and spirits showcase, and the debut release of its China market report. Read More
Billionaire William I. Koch, one of America’s most prolific—and most litigious—wine collectors, will auction off 1,500 lots from his prized cellar next month in what Christie’s calls a “once-in-a-generation” sale expected to fetch US$15 million. Read More
LVMH will cut 1,200 jobs—about 12% of its global workforce—at its wine and spirits division Moët Hennessy. This follows similar move by Remy Martin. Read More
Accolade Wines has completed its merger with Pernod Ricard’s wine business to form a new global wine company named Vinarchy and will begin phasing out around 50 brands over the next two years, the company confirmed. Read More
Commissioned by ProWine China and produced in partnership with Geisenheim University, this marks the first survey to capture both domestic trade professionals’ and international producers’ perspectives on China’s wine market. Read More
Boidevezi brings more than 20 years of leadership experience at the LVMH-owned spirits and wine house, having most recently served as President of the Asia Pacific Domestic Region, President of Global Travel Retail and President of Private Sales. Read More
India recorded a staggering 30,017% surge in Spanish wine imports in 2023 — yet the spike caught nearly everyone in the industry by surprise. Read More
JD.com’s self-operated wine and spirits arm jumped 40% year-over-year at the start of 2025, the company said, but it is grappling with uneven wine quality and undercutting by low-priced parallel imports. Read More