In Taiwan, a licensed liquor merchant and his associates stand accused of bottling bootleg spirits in recycled Hennessy and Dalmore bottles — and selling them as the real thing. For a year, no one noticed. Read More
Whisky
Following Trump's 30% tariff threat, EU is drafting a retalitation package targeting €72 billion worth of American goods including Bourbon, wine and beer. Read More
Sparkling wine emerged as a bright spot in China, but according to IWSR, the market will face continued pressure. Between 2024 and 2029, the overall Total Beverage Alcohol (TBA) category is expected to contract at a -1% CAGR, while wine is projected to decline -3% annually. Read More
A major tax cut on spirits was expected to shake up Hong Kong’s liquor market, but early signs suggest the impact may be more limited than hoped. Read More
Global markets can carry on without the US, Suntory Holdings Ltd. Chairman and CEO warned in a Bloomberg TV interview, saying President Donald Trump’s threatened tariffs are killing investor appetite for U.S. ventures. Read More
China’s imported spirits market experienced a sharp downturn in 2024, with brandy and whiskey imports plummeting under the weight of high inventory levels and waning demand. Read More
South Korea’s spirits market has experienced substantial growth in recent years, supported by rising imports of whiskey, brandy, and liqueurs. Read More
Five years after entering the whiskey business, Grace Vineyard has decided to exit the sector due to financial strain and challenging market conditions. Read More
Watson’s Wine, Hong Kong’s largest wine retailer, is cutting premium spirits prices by up to 60% and plans to open a dedicated premium spirits shop early next year as part of its goal to grow its market share in the spirits sector to 25% within the next three years.
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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