The CEO of global beverage giant Suntory Holdings has stepped down after police discovered a supplement containing a controlled substance at his Tokyo home, ending the 66-year old veteran executive’s 11-year tenure at the Japanese drinks giant. Read More
Suntory Group
China’s leading wine importer ASC Fine Wines has launched a sweeping strategic overhaul, introducing a direct-to-consumer membership club, custom brand solutions, and a dedicated logistics partnership, as the company returns to the control of its founding St. Pierre family following a completed share transfer from Japan’s Suntory Group. Read More
The news marks one of the most high-profile shakeups in China’s wine industry in recent years and reintroduces a pioneering figure at a time when the market is grappling with prolonged decline and in need of fresh leadership and direction. Read More
As Japan's overall wine market faces a downturn, small-format, canned wine is experiencing a surge in popularity, industry data shows. Sparkling wine in cans, in particular, has found a robust market among consumers who have taken to at-home drinking—a trend accelerated by the pandemic. Read More
ASC Fine Wines, the leading wine importer and distributor in China and a member of the Suntory Group, joined the global celebration of Suntory's 125th anniversary by participating to the group’s newly designated “Suntory Philosophy Month.” Read More
A towering figure in China’s wine industry, Don St Pierre Sr. leaves behind a lasting legacy as he played a pivotal role in introducing fine wines to China and broadening Chinese palates. Read More