Sotheby’s said its wine and spirits division generated US$127.5 million in sales in 2025, up nearly 12% from a year earlier and double the level recorded a decade ago. Read More
Fine wine
Alcohol prices dropped 1.9% in 2025, official data show, as discounting becomes the norm, price wars intensify and distributors warn that “if you don’t cut prices, nothing moves.” Read More
ASC Fine Wine is doubling down on people with new hires, as part of its NextGen strategy to offer more effective and timely services to clients and partners. Read More
Hong Kong entertainment mogul Albert Yeung will auction 426 bottles of rare fine wine at Sotheby’s in September, including some of the most sought-after names in the world of collecting, with an estimated value exceeding HK$10 million. Read More
Vinodh Shankar of Sonarys, India's largest fine wine importer, offers a candid look at the real challenges, hidden costs, and why most producers get it wrong. Read More
With just a junior high school education, Zhuang built one of China’s largest alcohol smuggling rings, evading $20 million in taxes and exposing a vast underground network exploiting e-commerce and Hong Kong trade routes. Read More
While the Liv-ex Fine Wine 100 Index posted its steepest monthly drop since August 2023 in April, Asian buyers have begun to fill the gap left by the retreating U.S. market—led by a resurgent demand for Burgundy. Read More
The London-based private members’ wine club 67 PallMall is defying China’s economic slowdown and tightening alcohol restrictions with plans to open a new club in Shanghai next year — its first in mainland China. Read More
American wine auction house Zachys has reportedly closed its Hong Kong office after 17 years of operation, marking a shocking retreat from Asia's key fine wine hub. Read More
China’s leading wine importer ASC Fine Wines has launched a sweeping strategic overhaul, introducing a direct-to-consumer membership club, custom brand solutions, and a dedicated logistics partnership, as the company returns to the control of its founding St. Pierre family following a completed share transfer from Japan’s Suntory Group. Read More