The founder of China’s largest specialist liquor retailer has emerged as the new controlling shareholder of Grace Vineyard, one of the country’s best-known boutique wine producers, in a deal that links two previously separate corners of China’s drinks industry. Read More
Wine
As tariffs lift and Australian wine re-enters China, leading Australian wine importer Mega Wines confronts a transformed market defined by shrinking business demand, cautious distributors and shifting consumer tastes.
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Saudi Arabia is easing one of its strictest social controls by allowing high-income non-Muslims to buy alcohol in designated stores, part of the kingdom’s broader push to open its economy and reshape long-standing religious restrictions. Read More
Fliggy, Alibaba Group’s travel-services platform, has signed an agreement with the Bordeaux Chamber of Commerce and Industry and the Great Wine Capitals Global Network to develop a series of winery travel experiences aimed at Chinese tourists. Read More
Treasury Wine Estates says its entire A$687 million U.S. goodwill is likely worthless — a stark sign of how sharply America’s wine market has cooled. Read More
China's delivery giant Meituan is reporting a record quarterly loss amid rising price war among its competitors. Read More
Headline figures appear strong, but beneath the month-long sales blitz, the real story of the drinks sector is more nuanced. Drawing on public data and platform releases, Vino Joy News reviews what this year’s Singles Day reveals about China’s alcohol business. Read More
Chinese authorities arrested three suspects and seized more than 4,300 bottles of finished and semi-finished fake Penfolds in Hubei province. Read More
The Thai government has reversed a controversial afternoon alcohol ban following outcry from bars, restaurants and tourism groups. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More