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
Whisky
A super lot celebrating the affinity between The Macallan and James Bond is going under the hammer along with a slew of Macallan lots as part of Edrington Hong Kong’s first-ever charity gala at Rosewood Hotel next week. Read More
A new auction record was set for American whisky Pappy Van Winkle when a bottle of 23 Year Old Family Reserve was sold for US$52,500 - more than seventeen times the pre-sale estimate (est. $3,000-4,000) by Sotheby's in New York. Read More
China has reportedly suspended alcoholic beverage imports from Taiwan allegedly over labelling issue, affecting the island's exports of popular beer brands and Kavalan whisky as tensions escalate. Read More
Decline is accelerating for China’s wine and spirits imports in the January-August period, sending worrying signs to the country’s drinks trade that has been pummelled by the onslaught of the country’s strict covid restrictions, supply chain price hikes and logistics nightmares for almost 3 years. Read More
North Korean ruling elites’ penchant demand for fine wines and spirits has revived China’s liquor exports to the isolated country, two years after it sealed off its borders in early 2020 in face of Covid. Read More
Sotheby's will auction off what is dubbed to be the world's oldest single malt whisky from The Macallan this week in London. Read More
Japanese alcohol exports passed a milestone in 2021 by surpassing the ¥100 billion mark for the time fueled by strong demand for its sake and whisky. Find out which countries are buying the most from Japan. Read More
China’s wine and spirits imports in the first half of the year continued to drop due to sporadic lockdowns, while whisky surprisingly beat market gloom and signs of recovery in wine started to emerge after May. Read More
Amid the surge in demand for collectible whisky, Sotheby’s will offer The Timeless Whisky Collection – the highest value whisky collection ever to be presented in a standalone auction in the US. Read More