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Global pandemic coupled with China’s crushing anti-dumping tariffs on Australian wines have shaved off 24% of profits for Australian wine giant, Treasury Wine Estates, parent company of Penfolds.
China’s biggest wine and spirits trade fair has announced that it will postpone its fair schedule from originally planned March to April, after the hosting province issued a directive to ban large-scale, sales-oriented gatherings as part of its precautionary measures following small clusters of infection.
Industry leader from Hong Kong’s dining sector warns that 3,000 restaurants would close for good, as the city extends another two weeks of social distancing measures that would cover the lucrative Chinese New Year.
As Covid-19 continues to ravage Europe, ProWein 2021 in Dusseldorf, arguably the biggest wine trade fair in Europe, will be cancelled, according to the organizer Messe Düsseldorf.
The World’s 50 Best Restaurants Awards is cancelled this year and postponed to 2021, as Covid-19 takes a huge toll on dining sector across the globe where thousands of fine dining restaurants were forced to close for good.
The drinks giant, Pernod Ricard, has launched a free online training course for bartenders on sustainability and responsibility, as a new way to support bartending community affected by Covid-19.