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
Spirits
China's Commerce Minister Wang Wentao said the country's anti-dumping investigation into European Union brandy isn't targeting any specific member state, though France is by the biggest brandy producer and exporter to China. Read More
India's beverage alcohol market is tapped to record significant growth, driven by a youthful population with up to 20 million new consumers annually and an increasing preference for premium products, according to IWSR. Read More
South Korea is looking into raising purchasing limit for duty-free alcohol as a way to boost tourism, the country's Korea Customs Service (KCS) has revealed. Read More
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
In an effort to connect French producers with global buyers in the digital age, Business France's cutting-edge B2B platform, Taste France Wine and Spirits, has been making waves since its 2018 launch. Read More
Japan is raising the "woody" spirits in a game-changing move that's bound to turn heads faster than a wind-whipped forest! Read More
Vinexpo is ramping up its commitment to Asia by turning Vinexpo Asia into a key annual event, alternating between two hosting locations – Singapore and Hong Kong. Read More
An annual survey on China's super rich have revealed their most favored imported spirits and wine brands. Read More
French drinks giant Pernod Ricard is planning to raise prices for its drinks due to inflation pressure and stablized demand for spirits in its top markets in the US and China. Read More