Weak demand and falling sales of mid- to high-end wines weigh on earnings as China’s largest wine producer, resulting in its worst performance yet on record.
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Sotheby’s said its wine and spirits division generated US$127.5 million in sales in 2025, up nearly 12% from a year earlier and double the level recorded a decade ago. Read More
Interprocom, one of China’s best-known Italian wine operators, has announced that it will join the Ethica Wines Group, marking a new phase in its development. Read More
Lunar New Year is still China’s most important wine sales window—but it is no longer driven by banquets alone. Insights from eight leading importers reveal how personal consumption, lighter styles and brand concentration are reshaping festive demand. Read More
Bourgogne Wine Board, the interprofessional organisation representing Bourgogne wines, has elected Laurent Delaunay and Michel Barraud as co-presidents. Read More
Hong Kong’s wine imports showed early signs of stabilisation in 2025, with import value edging higher after three consecutive years of decline, though still well below 2021's peak. Read More
A baijiu distributor in northern China says he was beaten and left hospitalised after confronting a state-owned liquor boss over an unpaid bill worth about US$110,000. Read More
VATS Liquor, China’s first A-share–listed liquor distributor, said it expects to post its first full-year loss as falling alcohol prices and inventory write-downs weigh on earnings. Read More
Chilean wine group Viña Concha y Toro has agreed to acquire Maison Mirabeau, a leading rosé wine brand from France’s Provence region, marking its first acquisition in France as it deepens its push into premium wines. Read More