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
Pandemic
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
Average adult Koreans drank 53 bottles of soju, 83 bottles of beer last year despite declining alcohol consumption. Read More
China's biggest wine and spirits fair, China Food and Drinks Fair (CFDF), has finally set a date for November merging the spring edition of the fair with autumn edition, after experiencing several delays due to the country's strict zero Covid policy that have disrupted large-scale events. Read More
China’s wine and spirits imports in the first half of the year continued to drop due to sporadic lockdowns, while whisky surprisingly beat market gloom and signs of recovery in wine started to emerge after May. Read More
Hong Kong police and health authorities have reportedly raided on the city's upscale Italian restaurant Carbone in Central last weekend after it was found to have violated the city's strict Covid rules. Read More
China's biggest wine and spirits fair reportedly has set new dates after it was twice rescheduled, but lack of international visitors still undermines its reach. Read More
Australia's leading wine exporter Casella Family Brands, the parent company behind Australia's biggest selling wine brand, Yellow Tail, has reportedly put up from 35 vineyards in Australia up for sale. Read More
Bar owners and operators in Hong Kong are dismayed after months of closure that it will have to wait until at least May for reopening, as industry leaders complain that the city's thousands of bars only operated for 6 days so far this year. Read More