French spirits maker Pernod Ricard reported declines in both sales and profit in the first half of its 2026 fiscal year, with sharp contractions in China and the US weighing on overall performance. Read More
alcohol ban
Thailand has lifted its 53-year-old ban on afternoon alcohol sales, scrapping the long-standing 2pm–5pm blackout in a major policy reversal aimed at boosting tourism and easing decades of confusion for retailers and travellers. Read More
The Thai government has reversed a controversial afternoon alcohol ban following outcry from bars, restaurants and tourism groups. Read More
Several investment banks have downgraded their target prices for TWE following the news of its withdrawl of profit guideline. Read More
Australian wine giant Treasury Wine Estates (TWE) has cut its earnings forecast for its flagship brand Penfolds for the first time this year, citing a slowdown in China as the biggest drag on growth. Read More
Officials are trying something unusual to warm things up: paying people to throw banquets - the latest attempt to revive an ailing food-and-beverage industry battered by the policy’s spillover effects. Read More
In this Vino Joy News exclusive, voices from small‑town distributors to leading trade associations reveal how sales have plunged as civil servants ditch their drinks—here’s what’s really happening behind China’s sweeping alcohol ban. Read More
Will the latest alcohol ban for Party and government meals spur home consumption and non-alcoholic sales? We talked to experts to find out. Read More
But unlike the 2012 “Eight-Point Regulation” that once gutted the sector, industry veterans say this round of restrictions is unlikely to leave lasting scars. Read More
Thailand, Southeast Asia’s second-largest economy, is considering lifting its long-standing daytime alcohol sales ban in a bid to stimulate tourism and boost beverage industry revenue. Read More