As demand shrinks and deflation spreads, the brands that win the next decade in China won't be the ones that shipped the most during the downturn; they'll be the ones that protected pricing, chose the right partners and refused to chase volume for its own sake, argues Don St Pierre Jr. Read More
China wine market
ASC Fine Wines CEO Don St. Pierre Jr. on why global producers are rediscovering China, why many local distributors won't survive and why that's not necessarily a bad thing. Read More
China’s wine imports in the first two months of 2025 point to a sustained recovery in the country’s wine market, with strong rebounds in Australian wine and growing demand for sparkling wine driving the uptick. Read More
The Bordeaux Wine Council attributes the slump to high inventory levels, economic slowdown, and weaker consumer demand. Read More
Global wine consumption has hit its lowest record ever since 1996 to 221 million hectoliters, down by 2.6% over 2022, as a result of inflation and high production costs, according to OIV. Read More
Treasury Wine Estates appears to have absorbed the shock from China’s punitive tariffs and “is positive on outlook across its key markets outside mainland China” for the year 2022, the company has announced in its latest 2021 annual report. Read More
Frequent drinkers in China increased spending during the lockdown months in China, while occasional drinkers dialed back on alcohol consumption, a new report by consumer data giant Nielsen has found. Read More
Few had survived China's fast-changing and precarious wine market. Navigating government regulations and the country's notorious 'Ganbei' or 'bottoms up' culture at business dinners is not for the faint of heart or liver. Alberto Fernandez, managing partner of one of China's biggest wine importers, Torres China, is an exception. Read More
The Chengdu wine and spirits fair, the biggest trade fair for alcoholic beverage inside mainland China, has announced its new dates in May after being … Read More
Overstock and mismanagement of imported wines has been cited as a key reason that led…
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