Hema X Membership concept was created to rival international giants like Costco and Sam’s Club,However, in the wine category, Hema X struggled to deliver on its premium positioning. Read More
Wine
China’s—and arguably the world’s—largest alcohol retail chain, 1919 Group, has announced plans to close approximately 1,500 stores, citing a misalignment in business philosophy with some of its franchise partners. Read More
LVMH’s Wines & Spirits division recorded the sharpest decline in recurring operating profit among all its business units in the first half of 2025, as cognac sales slumped in key markets despite a modest rebound in champagne and still wine. Read More
China to Launch Hainan Free Trade Port on Dec. 18, but Wine and Spirits Excluded From Duty-Free List.
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In this Vino Joy News exclusive, voices from small‑town distributors to leading trade associations reveal how sales have plunged as civil servants ditch their drinks—here’s what’s really happening behind China’s sweeping alcohol ban. Read More
Think Champagne is always pricier in the world’s glitziest cities? A new global wealth report uncorks some surprising truths about where the bubbles really break the bank. Read More
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
The Symington family, fifth-generation port and wine producers, has opened a new three-storey townhouse in the heart of Porto designed to engage a new generation of wine lovers. Read More
The finalists for the 2025 edition of the 67 Pall Mall Global Wine Communicator Awards have been announced, spotlighting standout talents from podcast, video production to longform writing. Read More
In China’s baijiu capital, three very different wine bars are defying the odds — one pairing wine with Sichuan snacks, another built on personal charm, and a third moving thousands of bottles in a live music venue. What’s their secret to survival in a city where baijiu still rules? Read More