An annual survey on China's super rich have revealed their most favored imported spirits and wine brands. Read More
Bordeaux
Hong Kong authorities are meeting with Guangdong counterparts to combat the resurgence of cross-border parallel trading after the full reopening between Hong Kong and mainland borders, according to Hong Kong customs. Read More
While Bordeaux remains a crowd pleaser in Asia, Singapore and South Korea departed from the overall trend and showed more diversity last year, according to Liv-ex data. Read More
Bordeaux winemakers staged the biggest protest in nearly two decades to call for government aid for a vine-pulling scheme that is expected to uproot 10% of Bordeaux vineyards following plunging wine demand from its biggest export market, China. Read More
The auction of Château Mouton Rothschild's newly unveiled 2020 vintage including a unique superlot, the only Nebuchadnezzar (15L) of 2020, has fetched a total of €175,000 on December 2, the Bordeaux first growth has announced. Read More
While Burgundy and Champagne continuously build on last year’s momentum, 2022 Liv-ex Power 100 ranking saw Bordeaux further losing attractiveness with no single wine from the region on the top 10 list for the first time, says Liv-ex. Read More
Chateau Lafite Rothschild, the Bordeaux first growth, has launched a more affordable new wine targeting on-trade sector. Read More
In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
Treasury Wine Estates has announced that it has completed its majority acquisition of Château Lanessan in Haut Medoc, which would allow Penfolds to double its existing production capacity in France. Read More
Pierre Castel, one of the richest billionaires in the wine industry and founder of world’s third largest wine producer Castel, is being hit with US$416 million tax bill ordered by a Swiss court, according to a Bloomberg report. Read More