LVMH's wines and spirits business tumbled in H1, affected by economic headwinds and elevated retailer inventory levels in both the US and China. Read More
China
With its immense population, surging incomes, and expanding global outlook, India is rapidly becoming a hotspot of opportunity for beverage alcohol brands in the foreseeable future. Read More
In a significant shakeup of key players in China’s wine imported business, Torres China will be acquired by now Wajiu-owned Summergate through a partnership agreement. Read More
Prior to the pandemic, Chinese tourists were the largest source of tourism revenue globally. Read More
Do Chinese wine drinkers care about country of origin before placing an order online? Is dry wines the popular category online? Does Shanghai have the highest number of wine drinkers? We have the answers here. Read More
In just week, more than 8,000 visitors from around the world will congregate in Singapore for Vinexpo Asia, the leading wine and spirits organizer Vinexposium’s … Read More
The top official in China's alcoholic drinks industry has warned that the country's wine consumption has hit a bottleneck as its wine industry has "no more retreating ground" after being hit the hardest among all beverage categories during the pandemic. Read More
China’s dwindling wine consumption is directly responsible for dragging down global wine consumption, according to OIV, as the associaiton estimates that China has been drinking … Read More
Australian wine exporters encountered another difficult year in 2022 amid rising inflation, costs and interest rates while its exports to China dropped to a new low, the latest data released by the country’s wine trade body has revealed. Read More
China's punitive tariffs on Australian wines could be lifted in an unofficial manner as tensions between the two countries thaw following signs of warming ties. Read More