Treasury Wine Estates says its entire A$687 million U.S. goodwill is likely worthless — a stark sign of how sharply America’s wine market has cooled. Read More
Wine
China's delivery giant Meituan is reporting a record quarterly loss amid rising price war among its competitors. Read More
Headline figures appear strong, but beneath the month-long sales blitz, the real story of the drinks sector is more nuanced. Drawing on public data and platform releases, Vino Joy News reviews what this year’s Singles Day reveals about China’s alcohol business. Read More
Chinese authorities arrested three suspects and seized more than 4,300 bottles of finished and semi-finished fake Penfolds in Hubei province. Read More
The Thai government has reversed a controversial afternoon alcohol ban following outcry from bars, restaurants and tourism groups. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More
Australia’s most awarded wine region is turning heads in China again, driven not by marketing budgets, but by the power of place. Read More
Taking place on November 10 and 11 at The Langham, Shanghai, the two-day event will feature close to 200 wines from around 30 leading Western Australian wineries, spanning Margaret River, Great Southern, Swan Valley, Geographe, and Pemberton. Read More
Australian winery Auswan Creek and French wine producer Bel Eden are joining forces in China through a strategic merger of their domestic distribution channels — a rare show of expansion in an otherwise sluggish market. Read More
The turnout lifted the spirits of some exhibitors but left others wondering whether the sudden surge of activity signalled a genuine rebound — or merely a brief flicker of optimism in a sluggish market. Read More