The regulator found that PwC failed to obtain “sufficient appropriate audit evidence” to verify Dynasty’s reported revenues for fiscal years 2010 and 2011, yet still issued an unqualified audit opinion. Read More
Wine
Leveraging its algorithmic distribution and content ecosystem, Douyin has flipped the old model of “people looking for products” into one where “products find people.” Read More
In an era of instant retail, where speed sells and convenience reigns. But behind the glowing growth numbers, many distributors say they’re running faster just to stand still. Read More
Michelin, best known for its world-famous restaurant ratings, is planning to launch an independent wine evaluation system — one that it claims will rival, and even surpass, Robert Parker’s legacy. Read More
ProWine Mumbai is set to stage its biggest edition yet this year, with more than 180 exhibitors from 21 countries and a record 6,000 trade visitors expected to attend, underscoring India’s rapid rise as one of the world’s most attractive wine and spirits markets. Read More
In China, the world’s most ancient beverage is finding new life in an unexpected place — the wine glass. Wineries, brewers, and even retail giants are blending tea and alcohol, hoping to brew a new path to young consumers’ hearts — and wallets. Read More
ProWein, the world’s leading trade fair for wines and spirits, is rebranding and relaunching in 2026 as “ProWein Düsseldorf” with a new look and broader scope, as the industry struggles with falling global wine sales and rising exhibition costs. Read More
Bordeaux Mentor Week, an initiative to promote equity, inclusion and access in the global wine industry, wrapped up its fourth edition with expanded industry backing from Penfolds and 67 Pall Mall Bordeaux. Read More
Chinese visitors delivered the highest per-capita spending in Australia’s wine tourism sector in 2024, averaging A$12,568 each—well above other markets. Read More
Hong Kong sommelier Reeze Choi has been named the winner of the ASI Asia-Pacific Best Sommelier 2025 competition, triumphing after four days of rigorous contests in Kuala Lumpur, Malaysia. Read More