Alibaba’s Tmall and JD.com are offering classified growths at prices approaching - and in some cases potentially below - merchants’ sourcing costs, adding fresh pressure to a Bordeaux market already struggling with weak demand and excess inventory. Read More
price war
New Zealand wine imports are surging, but bottles selling for as little as RMB 39.90 are raising questions about margins, quality and Marlborough’s premium image. Read More
Penfolds has suspended new orders for its flagship label for three months as inventories swell, prices slide and distributors struggle to make money. Read More
Alcohol prices dropped 1.9% in 2025, official data show, as discounting becomes the norm, price wars intensify and distributors warn that “if you don’t cut prices, nothing moves.” Read More
Treasury Wine Estates said it is now “unlikely” to see a near-term improvement in sales in the United States and China - its two largest markets - and will cut hundreds of thousands of cases of shipments as inventories build up and pricing pressure intensifies. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More
What has prompted Wuliangye, China's second largest liquor brand to blacklist 46 online sellers including Meituan, Taobao, Douyin and JD.com? Read More
Australian wine giant Penfolds is facing a pricing crisis in China, with its wines appearing at drastically different price points following the lifting of tariffs on Australian wine. Read More