The Thai government has reversed a controversial afternoon alcohol ban following outcry from bars, restaurants and tourism groups. Read More
Wine
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
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
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