Pernod Ricard has replaced its China leadership with two senior executives on temporary assignments, as the French spirits group grapples with a sharp downturn in the market. Read More
Pernod Ricard
French spirits maker Pernod Ricard reported declines in both sales and profit in the first half of its 2026 fiscal year, with sharp contractions in China and the US weighing on overall performance. Read More
ASC Fine Wines will become the exclusive importer and distributor of Jacob’s Creek in China from Jan. 1, 2026, in a deal that marks the relaunch of one of Australia’s most established wine brands in the market and the first major China move by newly formed wine group Vinarchy. Read More
With 50 whisky distilleries in operation, China’s whisky ambitions are racing ahead of consumption. Will the next major whisky producer be China? Read More
Accolade Wines has completed its merger with Pernod Ricard’s wine business to form a new global wine company named Vinarchy and will begin phasing out around 50 brands over the next two years, the company confirmed. Read More
This price hike marked its first price adjustment in China since the government imposed anti-dumping measures on European brandy imports earlier this year. Read More
Major international spirits giants are making substantial bets on China’s nascent whisky industry, with the latest unveiling of Diageo's Yuntuo distillery in Yunnan. What's fuelling the foreign invest in whisky of Chinese origin? Read More
Robert Foye, CEO of Accolade Wines, Australia’s second-largest wine producer, has announced his departure from the company. Read More
The Starting Point, an artisanal winery in Ningxia, is fast gaining a cult following in China. Helmed by Reisa Jiang, this is her story of crafting what she hopes will be China's finest Riesling. Read More
Australia’s second-largest wine group, Accolade Wines, will merge with Pernod Ricard’s Australian, New Zealand, and Spanish wine businesses for an undisclosed amount. The deal aims to strengthen the combined entity's position amid industry challenges facing wine. Read More