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UK TRADE BODY ON THE ROAD IN TOKYO TO PROMOTE GIN AND WINE
The Wine and Spirit Trade Association (WSTA) of UK led a trade mission to Tokyo last week to showcase British gins and fine wines with a view to boost exports.
AUSTRALIA WAS NAMED WINE COUNTRY OF THE YEAR BY THE CHINESE WINE TRADE
Australia was crowned Wine Country of the Year by China’s wine and spirits industry on Monday in the China High-End Spirits Fair cum Global Wine G50 Summit held in the eastern Chinese city of Hangzhou.
THIS RUSSIAN SPARKLING PRODUCER PLANS TO PRODUCE CHARMAT IN CHINA
Against the backdrop of economic sanctions on Russia by western countries, Abrau-Durso plans to expand production into China thinking that just exporting is not good enough.
RIOJA IS ON THE ROAD IN CHINA THIS WEEK
The Rioja wine region of Spain is on the road in China. After holding its Grand Tasting in Beijing on Monday, the 75 wineries taking part will travel to Shanghai, Guangzhou and Hong Kong.
上月有兩瓶1945年的Domaine de la Romanée-Conti (DRC) 勃艮第干紅，在蘇富比紐約拍賣會上，打破了歷來葡萄酒拍賣紀錄，分別以558,000及496,000美元賣出。這個價錢足以在很多發達國家購買一間中產家庭的房屋，大家不禁會問DRC 為何這麼貴，值得嗎？
WTO TO SET UP PANELS TO SETTLE TRADE DISPUTES BETWEEN USA, CHINA AND FIVE OTHER COUNTRIES
Light at the end of the tunnel? The World Trade Organization is to set up a range of settlement panels to resolve the trade disputes that have caught the world’s wines and spirits industry.
MILLENNIAL AND WOMEN WINE CONSUMERS ARE A FORCE TO RECKON WITH IN CHINA
The rise of millennial and women consumers is a notable trend in the current China wine market, according to the “2017 China Wine Data Analysis Report” jointly released by China Alcoholic Drinks Association and trade data specialist Exact Data China.
FALLEN OUT OF FAVOUR IN JAPAN, EXPORT OF BEAUJOLAIS NOUVEAU IN DECLINE
Behind the hype of the Beaujolais Nouveau campaign last Thursday, there is the daunting truth that demand of the wine has been in continuous decline, mainly due to a dampened interest in the Japanese market.
FORGET ABOUT WHISKIES, THE WORLD'S MOST VALUABLE SPIRITS BRANDS BELONG TO CHINESE BAIJIU
According to the latest report by Brand Finance, an international brand valuation and strategy consultancy, the world's top three most valuable spirits brands are Moutai, Wuliangye and Yanghe. British brand Johnnie Walker dropped one place to fourth.
在葡萄酒業發展的歷史上，有兩個品鑑會被視為是劃時代的，讓新世界酒走上優質葡萄酒的殿堂，足以跟舊世界頂級酒區一較高下。 第一個是1976年的巴黎評審會（Judgement of Paris），第二個則是2004年的柏林品鑑會（Berlin Tasting)。
CHINA RATED MOST ATTRACTIVE WINE MARKET, ASIA HIGHEST POTENTIAL
China is rated the most attractive wine market by international producers and exporters followed by Japan, Hong Kong, Scandinavia, USA and Canada, according to a survey commissioned by the organiser of ProWein trade show.
NEW SHANGHAI SHOW TO BRING VINEXPO TO CHINA EVERY YEAR FROM 2019
The French organiser of the Vinexpo wine exhibition will hold its first Shanghai show in May 2019. This new biennial exhibition will bring Vinexpo to China every year, to be held alternately in Hong Kong and Shanghai.
CHINESE CONSUMERS BUYING LESS BUT SPENDING MORE ON BORDEAUX WINE
Bordeaux has exported 11% less wine to China in the past 12 months compared to the same period a year ago. In value terms, however, there is an increase of 3%, indicating that Chinese consumers are buying more premium Bordeaux wine.
NEW SOUTH WALES TO TARGET CHINA AND SOUTH KOREA IN WINE TOURISM CAMPAIGN
Australia's lesser known wine regions in New South Wales like Hunter Valley and Orange will strengthen wine tourism promotions in countries like China and South Korea after having secured a state grant of AUD 2m (USD 1.4m).
THE OSBORNE BULL IS COMING TO CHINA ON ALIBABA'S TMALL
Spain’s legendary sherry and brandy maker Osborne Group has opened an online flagship store on Alibaba's Tmall platform, bringing Osborne sherry, Carlos I brandy and Montecillo Rioja wine and many more to Chinese customers.
EXPORTS OF SCOTCH WHISKY TO INDIA AND CHINA SEEN UNPRECEDENTED GROWTH
The world’s two most populous countries are Scotch Whisky’s fastest growing markets. Exports to India increased by 44.4% to over USD72.9 million in the first half of this year, to China increased by 34.8% to USD 48.2 million, according to statistics released by Scotch Whisky Association.
EXPORTING WINES TO CHINA: A STEP-BY-STEP GUIDE
Cutting the red tapes is just the beginning of exporting to China. But we are here to help, we have prepared an easy-to-understand document to explain the procedures involved in exporting your wines to China.
CLICK HERE FOR FREE DOWNLOAD
CHINESE BOUGHT UP TO 10 PERCENT BAROSSA VINEYARDS, EYEING OTHER REGIONS
Australian broadcaster ABC News reported that Chinese investors had bought up to 10 per cent of the vineyards in South Australia's Barossa Valley, their interests are now extending to other regions.
BORDEAUX TO HELP HONG KONG TRAIN MORE WINE PROFESSIONALS
Hong Kong has signed a Memorandum of Understanding (MOU) with Bordeaux to strengthen cooperation on wine education and professional training with a view to raise the standard and number of wine professionals to meet industry demand.
BONHAMS HONG KONG AUCTION TO INCLUDE A LOCALLY MATURED FINE WINE COLLECTION
Described as a "Made in Hong Kong" collection owned by an esteemed Hong Kong collector and aged locally for at least 15 years, these 500 lots of fine wines will be available for bidding in Bonhams Hong Kong auction on 16 November.
FAST GROWTHS IN CHINA AND ASIA DRIVE AUSTRALIAN WINE EXPORTS TO NEW HIGHS
In the twelve months to 30 September this year, export to China increased by 24%, to Singapore by 30%, and to Japan by 16%. These markets are the main contributors to an 11% rise in export value to AUD 2.71 billion.
ITALY'S CAMPARI HAS OPENED AN ONLINE FLAGSHIP STORE ON ALIBABA'S TMALL
Italy's liqueur and spirit producer the Campari Group has opened an online flagship store on Alibaba's e-commerce platform Tmall, seeking to tap the growing cocktail and spirits market in China.
CHIANTI HAS REGISTERED AN OFFICIAL CHINESE NAME
Italy's Chianti wine region has successfully registered its name in Chinese with China's Trade Mark Office. The official Chinese name of the Tuscan wine is now "施安蒂", pronounced as Shi-an-di which has very similar phonetics to its original name.
HOSPICES DE BEAUNE HOSTED PROMOTION EVENT IN BEIJING
The annual Hospices de Beaune charity auction will take place on 18 November in Beaune Burgundy. Hospices officials and the auctioneer, Christie's auction house, recently hosted a tasting event in Beijing as part of their Asia promotion tour.
JAPAN'S SAPPORO BEER RETURNS TO CHINA AFTER NINE YEARS OF ABSENCE
Japan's Sapporo Breweries is returning to China next month after a nine-year absence. The company will target China's premium beer market and will be distributed by the global beer giant Anheuser-Busch InBev.
KIRIN'S CHATEAU MERCIAN LAUNCHED A DRY RED FOR HEALTH CONSCIOUS JAPANESE CONSUMERS
The new product, called Bon Rouge Premium, is possibly the most expensive wine in PET bottles. Launched in limited quantity in August, the wine comes with three times more anti-oxidant resveratrol and a low alcohol level of 11%.
SINGAPORE IS CROWNED DRINKS CAPITAL OF ASIA
Singapore is the best Asian city to enjoy a drink in the bar, according to the World's 50 Best Bars Awards 2018 announced last week in London. The city state has five bars on the list, Tokyo has two while Hong Kong, Shanghai and Taipei each has one.
五漁村 (Cinque Terre) 是意大利一個旅遊熱點，是位於熱那亞市(Genoa) 與拉斯佩齊亞市(La Spezia)之間的五條海岸村莊，村內很多房屋都建於陡峭的懸崖上，村民又以石塊堆起圍牆，以鞏固連綿的梯田，據說圍牆的長度加起來與萬里長城相約。這些臨海梯田出產一款帶鹹味的干白葡萄酒，很能反映葡萄園的獨特地理位置。
PACKED WITH IMMERSIVENESS AND RARITIES: HENNESSY'S HONG KONG AIRPORT FLAGSHIP STORE
French Cognac producer Hennessy has opened its first airport flagship store at Hong Kong International Airport featuring unique interactive experiences and limited edition Hennessy rarities.
THIS TIBETAN TOWNSHIP SURPASSED SALTA OF ARGENTINA TO BECOME WORLD’S HIGHEST VINE AREA
The Caina Township of Lhasa City in the Tibet Autonomous Region is believed to be the highest vine growing area in the world. Vineyards here are planted on an average altitude of 3,563.31 meters, beating the record set by Salta of Argentina by some 450 meters.
意大利中部托斯卡納 (Tuscany)地區，擁有連綿不斷的山丘， 當中坐落了大大小小的中世紀城鎮，其中San Gimignano， Montalcino及Montepulciano，是著名的葡萄酒產區。穿疏於這些古鎮酒區間，仰望那些高崇入雲的意大利柏樹，完全明白托斯卡納為何是浪漫典雅的代名詞。
LAND OF FIRE AND ICE: CHINA WINE SALES UP 33.5%, PRODUCTION IN CONTINUOUS DECLINE
Data released by China's Ministry of Commerce shows that wine sales increased 33.5% in volume and 3.3% in value in the first seven months of this year. However, growth in wine consumption failed to bring recovery in production.
COMING OF AGE: TAIWAN WHISKIES GO GLOBAL
Following the success of Kavalan whiskies, Taiwan's other whisky producer Nantou Distillery is taking their whiskies global. The company recently debuted their Omar line whiskies in the USA after launching them in Europe.
U.S. EXPORTED MORE WINES TO CHINA IN FIRST HALF, NEW TARIFFS CAST DOUBTS ON FURTHER GROWTH
Amid news that U.S. wine export to China increased 14% in value in the first half of this year despite the trade war, China announced that it would levy an additional 10% punitive tariff on U.S. wines from next week to retaliate President Trump's latest move.
HONG KONG WINE MERCHANT MADISON LAUNCHED BUDGET AUCTION HOUSE WITH 16.5% BUYER'S COMMISSION
Announcing the launch of MFWA (Madison Fine Wine Auction) today, Chairman of Madison Wine Raymond Ting said they would use technology to take on the global auction houses.
CHINA SURPASSED U.S. AS BUDWEISER'S BIGGEST MARKET DESPITE THE TRADE WAR
Despite the on-going trade war between USA and China, the Amercian beer Budweiser is selling more beer in China than in its home country, according to the BeverageDaily.
DEMANDS IN ASIA AND THE AMERICAS SET THE STAGE FOR COGNAC’S COMEBACK
Exports of Cognac has grown four years in a row, rising by 5.4% in value and 8.2% in volume in the past year. A total of 205.9 million bottles were exported, with Asia and the Americas contributing the highest growth.
CHINA OVERTOOK BRITAIN AS WSET’S TOP MARKET
A record 94,832 people across the globe signed up for a Wine & Spirit Education Trust (WSET) course in the 2017/18 academic year. China overtook Britain as the top market after recording 9% growth in student numbers.
SHANGHAI AND ADELAIDE JOINT HANDS TO PROVIDE OENOLOGY MASTERS DEGREE FROM 2019
Shanghai’s Jiao Tong University and Australia’s University of Adelaide will introduce a dual masters degree in winemaking and viticulture from 2019 to meet the increasing demand for qualify winemaking courses in China.
PERNOD RICARD PROFITS UP 6.3%, DRIVEN BY DEMANDS IN CHINA AND INDIA
French wine and spirit giant Pernod Ricard’s profits up 6.3% to €2.36 billion (USD2.7 billion) in 2017/18, driven by strong demands in China and India. Sales in China and India jumped 17% and 14% respectively.
CHANGYU AND ALIBABA TEAMED UP TO MAKE MICRO MOVIE CALLED “WINE STRATEGY”
China’s biggest wine producer Changyu Pioneer Wine Company has teamed up with online shopping giant Alibaba to produce a series of micro movies called “Wine Strategy” to take wine education to a next level.
A RARE 70YO GLENIVERT WAS BOUGHT BY A CHINESE COLLECTOR IN GLASGOW AUCTION
An extremely rare bottle of 70YO Private Collection Glenlivert 1943 was snatched up by a Chinese buyer for £34,000 (USD 43,800) at an auction in Glasgow last week. The enthusiastic collector travelled to Scotland to bid in person for the bottle.
CHANGYU OWNED CHILEAN VINEYARD’S CHINA EXPORT QUADRUPLED IN ONE YEAR
Chiles’s Vina Indomita exported 400% more wine to China one year after being acquired by China’s Changyu Pioneers Wine Company, according to Chilean newspaper La Tercera.
THIS YAMAZAKI IS THE MOST EXPENSIVE JAPANESE WHISKY EVER SOLD
A rare bottle of 50YO Yamazaki whisky broke the record for the most expensive bottle of Japanese whisky ever sold. It fetched HKD2.659million (USD343,000) at a Bonhams auction in Hong Kong last week. The anonymous buyer is believed to be Asian.
TWE'S PROFIT UP 34% THANKS TO BOOMING SALES IN ASIA
Australia’s Treasury Wine Estates (TWE) posted a 34% rise in net profit after tax at AUD360.3 million in the past year thanks to booming sales in Asia. TWE owns premium and popular brands including Penfolds, Lindeman’s and Wolf Blass.
DENMARK’S CARLSBERG INCREASED ITS STAKE IN CAMBODIA’S CAMBREW TO 75%
Denmark-based brewer Carlsberg Group has increased its ownership in Cambrew which produces the popular Angkor brand by 25%, increasing its total stake from 50% to 75%. The remaining 25% stake will be retained by Cambrew.
INADEQUATE LABELLING IS THE TOP REASON FOR WINES TO BE BLOCKED BY CHINESE CUSTOMS
According to the latest statistics released by China’s General Administration of Customs (CGAC), a total of 12 batches of imported wines failed to get customs clearance in the first half of 2018. The most common reasons for failure are inadequate information on labels and inconsistencies in the declaration documents.
CHINESE AND ASIAN COLLECTORS CONSUMED MOST OF THEIR TROPHY WINES
British fine wine and spirits merchant, Bordeaux Index (BI), has seen its sales top £51m for the first time since 2011 with Chinese and Asian buyers contributing 40 percent of the company’s sales. The company has found that most Chinese and Asian customers buy the fine wines to consume rather than invest.
HEINEKEN PARTNERED WITH SNOW BRAND TO MAKE INROADS INTO CHINA MARKET
Dutch brewery giant Heineken N.V. has signed agreement with the holding company of China’s top selling Snow beer brand to create a partnership which will help Heineken gain direct route-to-market in China while providing Snow with exposures to the global market.
A CHINESE OWNED VINEYARD WAS NAMED AUSTRALIA’S BEST WINERY
Owned by Yiping Yang, a businessman from China’s Guangxi province and run by Dylan McMahon, the grandson of the founders, Seville Estate is hailed as a success of the marriage of winemaking tradition and the commercial might of China.
RHONE WINE EXPORTS INCREASED 7% IN 2017 THANKS TO FAST GROWTHS IN CHINA AND USA
France’s Rhone wine region exported 7% more wines representing 8% increase by value last year thanks to fast growths in the Chinese and US markets, according to latest figures released by the region’s wine trade body InterRhone.
LAGGING BEHIND, ITALY CRANKS UP WINE PROMOTION IN CHINA
Italian Trade Agency (ITA) has signed a co-operation agreement with China’s state owned fine wine distributor W&W International to promote Italian wines in China with a hope to catch up with France, Australia and Chile.
GALLO TO OPEN TMALL FLAGSHIP STORE TO MARK 9.9 WINE AND SPIRIT SHOPPING FESTIVAL
USA’s biggest wine producer California-based E & J Gallo Winery will open an online flagship store on Alibaba’s retail platform Tmall on 9 September. The day has been marketed by Tmall as Wine and Spirits Festival since 2016.
LOCAL ASIAN SPIRITS TRUMPED GLOBAL BRANDS IN WORLD SALES
Statistics released by the International Wine & Spirits Research (IWSR) showed that the world spirits market is remarkably local, with 9 Asian national spirit brands holding 9 of the top 10 best selling positions in 2017.
FRENCH RESEARCHERS FOUND FUKUSHIMA RADIATION IN CALIFORNIAN WINES
The 2011 Fukushima nuclear disaster has caused a trace spike in radiation levels in Californian wines from the 2012 vintage onward according to a new report from the University of Bordeaux’s Nuclear Studies Center (CNRS).
FRANCE TO RE-EXAMINE DEPORTATION OF JAPANESE WINEMAKERS AFTER PUBLIC UPROAR
Local authorities in the Pyrenees-Orientales region of France have responded to public protests and promised to re-examine the case of Japanese winemakers Rie and Hirofumi Shoji while granting a 3-month extension to their residency permits.
CHINA’S KWEICHOW MOUTAI DENIED ISSUING LIMITED EDITION TO MARK 2018 WORLD CUP
Three days to go before World Cup final, China’s top baijiu brand Kweichow Moutai issued a statement to deny that the company had released limited edition bottles to commemorate the 2018 FIFA World Cup Russia.
CHATEAU LAFITE REGISTERED TRADE MARK FOR CHINA WINE, FIRST RELEASE EXPECTED SOON
A trademark registration recently approved by China’s Trade Mark Office revealed that the inaugural bottles of Chateau Lafite Rothschild’s China project will very likely be named “Dong Shan 東山”, meaning East Mountain.
TWE’S RAWSON'S RETREAT TO BE DISTRIBUTED BY COFCO'S W&W IN CHINA
Building on the success of Penfolds, Australian leading wine company Treasury Wine Estates (TWE) has signed a Memorandum of Understanding (MOU) with China’s state owned fine wine distributor W&W International to distribute the Rawson’s Retreat brand in China.
TEN CHINESE OWNED BORDEAUX ESTATES SEIZED BY POLICE ON SUSPECTED FUNDING FRAUDS
French financial police have seized ten wineries in the Bordeaux area which are owned by Chinese conglomerate Haichang over suspicions of financial frauds related to their purchases, the French news agency AFP reported quoting police sources.
GEORGIAN PRINCE VISITED HONG KONG TO PROMOTE WINE AND TRADE
Prince of Georgia Juan Bagration-Mukhrani visited Hong Kong to promote wine last week amid the signing of a free trade agreement between the Georgian and Hong Kong governments.
CHINA’S WINE PRODUCTION CONTINUES TO DECLINE THOUGH CONSUMPTION RESUMES GROWTH
China’s wine production continues to decline despite that consumption is on the up. Total production this year is forecast at 9.78 million hectolitres (mhl), representing a decline of 2.3% compared to the 10.01 mhl produced in 2017.
SPANISH WINE COMPANY BOUGHT CHINESE DISTRIBUTOR TO GAIN DIRECT ROUTE TO MARKET
Spain’s Zamora Company, which owns the Ramon Bilbao and Licor 43 brands, has made its first foray into the Chinese market after purchasing a majority stake in Shanghai-based wine and spirits distributor Tintafina.
HONG KONG AND BORDEAUX TO STRENGTHEN TIES AS WORLD'S WINE AND FOOD CAPITALS
Hong Kong and Bordeaux have signed a memorandum of understanding (MOU) in Bordeaux to strengthen cooperation and exchanges on wine and food tourism, seeking to further enhance both cities’ appeal through joint promotions of their wine and gourmet food to visitors globally.
意大利南部龐貝古城內，散落著十來個實驗葡萄種植區，栽種的都是兩千年前古羅馬時期的葡萄品種。負責該項種植實驗的酒莊，採用活化了的古老品種，釀製出一款名為Villa dei Misteri「神秘別苑」的干紅，由於別具意義加上發量行有限，頗具收藏價值。
GRACE VINEYARD TO RAISE HKD 70 MILLION FROM I.P.O. TO BUILD SECOND WINERY
China’s boutique winery Grace Wine Holdings Limited is seeking flotation on Hong Kong’s Growth Enterprise Market (GEM) to raise an estimated HKD 70 million (USD 9.3 million) to expand capacity to meet demands from the fast growing China market.
“ASK JERRY” PERNOD RICARD USES A.I. TO TALK TO CHINESE MILLENIALS
The Paris listed distiller Pernod Ricard, the world’s third largest wine and spirit company after Moutai and Diageo, hopes a chatting robot called Jerry can woo Chinese millennials away from the traditional baijiu.
HONG KONG BASED THE FLYING WINEMAKER TO BUY NEW ZEALAND WINERY
Hong Kong based wine producer and distributor The Flying Winemaker is to acquire leading Wairarapa wine producer Gladstone Vineyard in partnership with Odyssey Capital Group.
WORLD WINE PRODUCTION IN 60 YEARS LOW, CHINA IS NOW 5TH CONSUMER, 7TH PRODUCER
Global wine output fell to its lowest level in 60 years in 2017 due to poor weather conditions faced by wine producing countries in the European Union, according to the Paris-based International Organisation of Vine and Wine (OIV).
WORLD’S BIGGEST SPIRIT BRAND KWEICHOW MOUTAI SEEKS TO EXPAND OVERSEAS
Despite being the world’s most valuable spirit brand, Kweichow Moutai has mostly been consumed domestically until this day. However, the company is seeking to increase its international presence and plans to increase its overseas sales to 10% of its total sales by 2020.
WORLD SPARKLING LEADER HENKELL TO OPEN ONLINE FLAGSHIP ON ALIBABA’S TMALL
The world's leading sparkling wine producer and distributor, Germany’s Henkell & Co Global, will announce the opening of its online official flagship store on China’s Tmall platform on 29th May during the 20th Vinexpo in Hong Kong.
CHINESE GAMBLER SPLURGED AUD190,000 CASH ON PENFOLDS GRANGE
A Chinese gambler splurged almost AUD 190,000 in cash on more than 200 bottles of heritage-listed Penfolds Grange and other fine wines in a shopping spree to Penfolds’ cellar door after winning big at the Adelaide Casino.
According to the latest data released by China’s Customs Administration, the volume of imported wines increased by 1.19 million litres in the first quarter of this year, representing an increase of 25.13%. In value terms, there was an increase of 788.4 million USD, or 35.62% over the same period last year.