China and French brandy producers have reached a preliminary agreement on pricing, a key development in Beijing’s anti-dumping investigation into European brandy imports that signals easing tensions between the two sides. Read More
brandy
A major tax cut on spirits was expected to shake up Hong Kong’s liquor market, but early signs suggest the impact may be more limited than hoped. Read More
LVMH will cut 1,200 jobs—about 12% of its global workforce—at its wine and spirits division Moët Hennessy. This follows similar move by Remy Martin. Read More
This marks the first time since 2021 that wine has overtaken spirits in total import value, reversing the trend that began when spirits eclipsed wine that same year. Read More
The drop was driven largely by a 17% fall in Cognac and other spirits, while Champagne and still wines slipped just 1%. Read More
China’s imported spirits market experienced a sharp downturn in 2024, with brandy and whiskey imports plummeting under the weight of high inventory levels and waning demand. Read More
China’s largest duty-free operator has allegedly removed cognac products from top producers, including Martell, Hennessy, and Rémy Cointreau, in what appears to be an escalation of trade tensions between Beijing and Brussels. Read More
South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
The probe, originally scheduled to conclude within a year, will now run until April 5, 2025. Read More
This price hike marked its first price adjustment in China since the government imposed anti-dumping measures on European brandy imports earlier this year. Read More