73% of alcohol deliveries now go to homes, while more than 90% of trade players warn the once-dominant banquet- and wedding-driven growth model is no longer sustainable.
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Beer
Shipments of Japanese alcoholic beverages denied entry into China surged sharply in January, according to Chinese customs data, as political tensions between the two countries intensify. Read More
India’s southern state of Karnataka will introduce a new alcohol tax system based on Alcohol-in-Beverage (AIB) from April, a reform that could lower prices for beer and wine while potentially increasing taxes on stronger spirits. Read More
Whisky has overtaken domestic beer to become the top-selling alcohol category by revenue at South Korean retail giant E-Mart for the first time, marking a significant shift in the country’s supermarket sales landscape. Read More
What began as a slowdown in drinking is now showing up in hard, physical ways: fewer vines in the ground, fewer tanks in operation, and fewer factories running at capacity. Read More
India’s high tariffs on European wine are set for a sharp reduction after the country and the European Union finalised a long-awaited free trade agreement, a move expected to significantly reshape market access for imported wine, spirits and beer. Read More
Henan Kingstar Brewery rose to prominence after its tea-flavoured beer went viral on livestreaming platforms, driving rapid revenue and profit growth.
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China’s largest all-day restaurant bar chain, COMMUNE, has filed for an initial public offering in Hong Kong, betting that a hybrid model can continue to deliver growth even as the country’s bar industry struggles with weakening demand and rising costs. Read More
Inside Xiaojiuwo’s playbook as 60% of sales shift online and scale becomes a survival test. Read More
Castel heirs press for leadership change as management and trustees rally behind current chief executive. Read More