As Chinese New Year approaches, the frequency of border crossings between tax-free Hong Kong and the mainland has increased, alongside a rise in illegal wine smuggling. Read More
Penfolds
More than a hundred of employees at Treasury Wine Estates staged a protest to demand better pay in response to costs of living crunch and China reopening hopes. Read More
Just a year after its launch, fake One by Penfolds has emerged on China's e-commerce platform. Read More
Australian wine giant Treasury Wine Estates is cautiously adjusting its global shipments of its popular brand Penfolds in anticipation of China's tariff removal. Read More
Tailing just closely behind Moët & Chandon, China's biggest winery Changyu is named the world's second most valuable wine brand in 2023. Read More
More than 100 cases of counterfeited wine “from a renowned brand” have been seized in Shanghai. Read More
After much anticipation and speculation, Penfolds has finally unveiled its first Chinese Collection wine to cap its high-octane 2023 collection launch in China on top of the idyllic Shangri-la, Yunnan. Read More
Treasury Wine Estates will shut down its Karadoc winery in Victoria amid rising operational costs and China's punitive tariffs that have made the wine giant's commercial wine operation "unstainstable" Read More
Over 20,000 bottles of smuggled wine have been seized as part of what Hong Kong customs has described as the city’s “largest smuggling case on record”, Read More
It will take years to rebuild China market even if Beijing drops hefty punitive tariffs on Australian wines, says TWE CEO. Read More
