Treasury Wine Estates (TWE) has reported a 34.7% increase in sales revenue for its flagship brand, Penfolds, in the Asian market for fiscal year 2024, driven by strong growth in Thailand, Hong Kong, and Taiwan, as well as a recovery in mainland China during the fourth quarter. Read More
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FINE+RARE, a leading international marketplace for wines, spirits, and collectible experiences, announced the expansion of its global team on Monday, appointing ten new members across various sectors including site development, sales, and customer experience. Read More
The region's premier wine and spirits trade fair, ProWine Singapore 2024, concluded with record-breaking success, attracting 14,907 visitors, a remarkable 40% increase over the previous year. Read More
Will the Chinese buyers, once the backbone of Vinexpo Hong Kong, return in force amidst an economic cooldown? Or if their absence signals a deeper and more lasting change in demand and consumption patterns. Read More
The French wine and spirits sector witnessed a notable decline in exports in 2023, with figures falling 5.9% to €16.2 billion admist global economic challenges, prompting the President of FEVS to call it "a wake-up call" for French wine and spirits companies. Read More
After three years of rapid growth, Korea's imported wine market is experiencing a downturn as home consumption decreases and inventories accumulate. Read More
The California Wine Institute, undeterred by recent challenges like the pandemic, wildfires, and droughts, is set to relaunch its Vintners Tour across Asia-Pacific cities this October. Read More
In an effort to connect French producers with global buyers in the digital age, Business France's cutting-edge B2B platform, Taste France Wine and Spirits, has been making waves since its 2018 launch. Read More
Latin American wine giant Viña Concha y Toro is making a strategic move by focusing its attention on the flourishing luxury market in Asia. Read More
Japan's No. 1 beer has gone through its first taste refinement since its launch over 30 years ago. It's now available in Asia. Read More