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
China
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
Evidence from trade associations, exhibition organisers and wine merchants points to the same conclusion: China’s wine trade is undergoing a prolonged and increasingly unforgiving shakeout. Read More
The Chinese brewing giant has struck a long-term partnership with Ireland’s Great Northern Distillery, giving it an immediate route into imported whisky while laying the groundwork for something more ambitious - its own whisky distillery in China. Read More
Nearly 44% of Moutai’s revenue now comes through iMoutai, even as profit declines and distributors report sluggish demand for Feitian. Read More
Only two of the nine markets tracked by Vino Joy News saw both import volume and value fall in the first half of 2026, highlighting pockets of resilience across Asia.
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Grace Wine reported revenue of RMB 15.86 million (US$2.34million) for the first half of 2026, down 15.4% year on year. Its loss for the period narrowed only marginally to RMB 2.90million (US$427,000), from RMB 2.90 million (US$428,000) a year earlier. Read More
China has added another Master of Wine, with Shenzhen-based Weiran Liu becoming the fourth Chinese national to earn one of the industry’s most demanding qualifications. Read More
Julien Boulard becomes one of only six people to hold both the Master of Wine and Master Sommelier titles, while Derek Li makes history as Hong Kong’s first homegrown Master Sommelier. Read More