At ASC's 30th anniversary forum, global wine leaders argued that China's wine crisis runs deeper than weak demand and that the industry's old growth model may no longer work. Read More
Wine consumers
Japanese wine drinkers will have to dig deep to pay for their favorite bottles as wine retailers and merchants in the country pass on price hikes to end consumers as Japanese yen continues to depreciate. Read More
According to a recent survey on the top 100 selling wines in China in 2021, 95 out of the 100 wines are overwhelmingly sealed under corks, confirming Chinese wine consumers' strong preference for cork closures. Read More