The on-and-off sale surrounding the fate of Summergate shows the depth of China's cut-throat market competition and how even big congloermerate-backed wine companies are unprepared for market slump and the onslaught of pandemic. Read More
on-trade
Summergate, one of China's leading wine importers, is facing business closure after 24 years in the business. Read More
Uncertainties loom over China’s wine market despite swift reopening amid a set of alarming data that showed disappointing import figures and large-scale losses suffered by the country’s wine importers. Read More
One of China’s leading wine importers, EWM Fine Wines, has become the exclusive on-trade distributor of Shandong-based winery, Mystic Island, as it bags another key Chinese wine producer to sate the country’s growing thirst for domestically produced wine. Read More
The newly released 2020 China On-Premise Report provides rare and important data about “on-premise distribution and the best selling wines in China”, according to its introduction. Read More
“After Covid-19” is the first webinar which provides a clear picture of the opportunities in China’s wine market for Italian wines, as the … Read More
The spirits giant Diageo estimated that the fast-spreading COVID-19 disease could shave off up to £325 million of net sales for the group, as the virus outbreak forced many restaurants and bars to shut doors across Greater China region. Read More