The milestone marks a shift in Hong Kong’s alcohol import landscape, which for more than 15 years had been dominated by wine after the government eliminated wine import tariffs to position the city as a global wine hub. Read More
Hong Kong
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
Champagne sales across Greater China continue to face headwinds, but one category—low-dosage styles—is quietly gaining ground. Read More
This marks Chef Boulud's long-anticipated debut in Asia as Hong Kong's fine dining sector faces new challenges from changing consumer habits and cross-border competition. Read More
When one of France’s most famous producers, Michel Laroche, of Domaine Laroche in Chablis uncorked 90 bottles of his award-winning Grand Cru Blanchot at a … Read More
The California Wine Institute has appointed its first-ever North Asia sommelier ambassadors following a four-day bootcamp held in Tokyo and the Izu Peninsula from May 12 to 15. Read More
Hong Kong real estate magnate and billionaire collector Joseph Lau is set to auction the third instalment of his prized wine cellar later this month, following two blockbuster sales that together fetched over US$16 million. Read More
A major tax cut on spirits was expected to shake up Hong Kong’s liquor market, but early signs suggest the impact may be more limited than hoped. Read More
Restaurants in Hong Kong are closing at a faster pace than new ones are opening, marking the city’s first net decline in food and beverage establishments in six years, according to new research. Read More
China’s sweeping new tariffs on American goods are already having unintended consequences—driving up smuggling activity as premium wine labels like California’s Opus One become increasingly lucrative targets for illicit trade. Read More