The London-based private members’ wine club 67 PallMall is defying China’s economic slowdown and tightening alcohol restrictions with plans to open a new club in Shanghai next year — its first in mainland China. Read More
Wine
New data from 2024 reveal a steep 29.3% drop in total duty-free sales, reflecting both weakened consumer sentiment and the fading allure of Hainan’s “tourism + duty-free” model. Read More
U.S. wine exports to Canada fell 93% in April, the steepest year-on-year drop in more than two decades, as Canadian provinces pulled American alcohol from store shelves in response to U.S. tariffs. Read More
China's delivery giant Meituan, which entered the annual June 18 shopping festival, or 618 festival, for the first time this year, saw total transaction volume on its platform double in the first 24 hours after the campaign launch on May 28. Read More
Vietnam had previously signed free trade agreements with the European Union, Australia, and New Zealand in 2018 and 2019, leading to the gradual elimination of tariffs on wine. However, the 60% excise tax could negate the benefits of these agreements. Read More
China’s new generation of young couples is opting for milk tea instead of alcohol at their weddings — a growing trend gaining traction across social media.
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South African wine could be the next to enjoy zero-tariff access to China under a sweeping new trade policy that Beijing has proposed this week for 53 African countries. Read More
Treasury Wine Estates has launched a A$15 million dedicated facility for low- and no-alcohol wine production in South Australia’s Barossa Valley, marking a major investment in the growing global demand for lower-alcohol alternatives. Read More
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
Will the latest alcohol ban for Party and government meals spur home consumption and non-alcoholic sales? We talked to experts to find out. Read More