Russia’s pint of choice is changing fast. With EU beers priced out by hiked tariffs, Chinese beer exports doubled in August alone, making Russia China’s No. 1 beer market for the first time. Read More
Beer
Now, bottles of North Korean beer are finding their way onto Russian shelves — though at a price tag that has some locals raising eyebrows. Read More
Carlsberg Asia, facing fierce competition in the region’s beer market, unveiled what it called its “boldest partnership yet,” launching a Digital Acceleration Program with the region's three delivery giants - Meituan, Grab and Delivery Hero - to drive growth in on-demand retail. Read More
Following Trump's 30% tariff threat, EU is drafting a retalitation package targeting €72 billion worth of American goods including Bourbon, wine and beer. Read More
Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
China’s bar industry is undergoing a quiet transformation, expanding rapidly into lower-tier cities and localising its offerings to appeal to regional tastes, according to a new report. Read More
Wine is expected to be the only major alcohol category to shrink in volume over the next decade, even as the global beverage alcohol market adds US$34 billion in value, according to new forecasts from IWSR. Read More
Following LVMH’s announcement of job cuts within its wines and spirits division, beer giant Budweiser has also confirmed workforce reductions across the Asia-Pacific region. Read More
Treasury Wine Estates named Sam Fischer as its next chief executive officer, replacing Tim Ford after a five-year tenure that saw the company navigate pandemic disruptions, trade tariffs, and a strategic overhaul of its wine portfolio. Read More