Interviews with importers, distributors and wine bar operators suggest the shift is being driven by more casual drinking occasions: seafood dinners, late-night meals and gatherings among friends. Fresh, approachable wines are finding an audience beyond the formal banquets and business entertaining that have traditionally supported Chinese wine sales. Read More
China
Treasury Wine Estates, the Australian wine group behind Penfolds, has cut about 170 jobs worldwide and is selling several brands as it restructures its business following a sharp decline in U.S. earnings. Read More
China's newest MW on the finance detour that nearly took him out of wine, why his research paper tackled trade fairs, and what wineries still get wrong at Chinese expos. Read More
Shipments to mainland China jumped 72% by volume, while gains across Asia helped offset weakness in New Zealand’s largest export market. Read More
ASC Fine Wines has expanded its exclusive import and distribution agreement for Los Vascos to Greater China, extending a partnership with the Chilean wine estate’s owner, Domaines Barons de Rothschild Lafite, beyond Hong Kong to mainland China. Read More
Authorities seized 112 bottles and thousands of mooncakes near the Chinese border in an unusual case involving Chinese-made wine. Read More
Years of discounting and tepid En Primeur campaign have discouraged importers from buying Bordeaux. Now, with the Mid-Autumn gifting season under way, merchants are struggling to find the 2023 Carruades de Lafite. Read More
Two of China’s publicly traded drinks retailers, VATS Liquor and Liquor Easy, reported first-half losses as weaker spending and falling prices for major spirits brands put pressure on sales, prompting efforts to cut costs and reduce inventory. Read More
Chinese baijiu producer Guotai has launched two whiskies made using traditional baijiu fermentation methods and matured in bourbon casks, joining a growing number of domestic spirits companies seeking growth beyond a pressured baijiu market. Read More
According to results released on Aug. 27, Pernod Ricard generated net sales of €9.404 billion in fiscal 2026. On an organic basis, excluding currency movements, acquisitions and disposals, sales declined 3.9%. Read More