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INDIA'S ALLIED BLENDERS & DISTILLERS TO RAISE USD 253M FROM IPO
The owner of leading Indian whisky brand, Officer's Choice, has filed application for an IPO to raise INR 20 billion (USD253 million).
PROWINE SHOWS TO BE HELD IN SINGAPORE THIS YEAR AND NEXT
ProWine Singapore will take place 5 to 8 September this year and then again from 25 to 28 April in 2023 at the Singapore Expo, accoding to Messe Düsseldorf Asia.
VIETNAM’S ALCOHOLIC DRINKS SECTOR CALLS ON GOVERNMENT TO HALT TAX HIKE
The Vietnamese government is planning to hike consumption tax on alcoholic drinks, hard hit by the pandemic, the industry calls for a delay of the tax.
THAILAND TO LIFT BAN ON AFTERNOON ALCOHOL SALES AFTER 5 DECADES FROM JULY
Thailand government will lift its 5-decade long alcohol sales ban between 2 to 5pm from next Friday 1 July, to help boost post-pandemic tourism.
WINE AUSTRALIA TO CLOSE ITS CHINA OFFICE IN SHANGHAI
In the face of a 97 percent slump in wine exports to China, Australia's wine marketing board, Wine Australia, decided to close its China office in Shanghai.
REPORTS: INDIA'S SULA VINEYARDS PLANS AN IPO OF USD180M
Quoting market sources, reports said the Nashik-based winemaker has appointed bankers for the IPO and will soon file its documents with the Indian Exchange.
JAPANESE PRODUCER PLANNING TO RELEASE LIQUOR DISTILLED FROM WOOD
Tokyo-based Ethical Spirits, a venture company, will use technology developed by Japanese researchers to make this ground-breaking product.
INVITATION ONLY: WILLIAM GRANT & SONS OPENED THE DISTILLERS LIBRARY IN BANGKOK
After Singapore, China and Vietnam, invited connoisseurs in Bangkok will be the next in the world to be able to enjoy the Scotch distiller's exclusive collection.
CHINA'S KWEICHOW MOUTAI LAUNCHED LIQUOR ICE CREAM TO ATTRACT YOUNG CONSUMERS
The ice cream is 2 percent infused with Moutai's signature fiery baijiu, there are 3 flavours and priced RMB59 to 66 (USD9 to 9.9) for a 75-gram cup.
INDIA AND EU TO RESUME TRADE TALKS NEXT WEEK WITH WINE DUTIES HIGH ON AGENDA
India and EU will resume their stalled trade negotiations next week in Brussels with duties on imported wines and automobiles expected to be high on the agenda.
MACAU AND ZHUHAI BUSTED RMB135M LIQUOR SMUGGLE RING ARRESTING 19
Thousands of bottles of Kweichow Moutai, Penfolds wines and Japanese whiskies were seized from a series of raids on shops, warehouse and storage facilities.
CHINA'S PIGEON HILL DENIED REPORT THAT IT SUPPLIED WINES TO MAKE CHINESE PENFOLDS
Pigeon Hill (Xige) Winery in China’s Ningxia wine region denied a Meininger report which said it is the source of the Chinese Penfolds to be released later this year.
REPORT: ONLY 2% OF AUSSIE WINE EXPORTS TO INDIA WILL ENJOY TRADE DEAL TARIFF REDUCTIONS
An Indian think tank said just about 2% of India’s wine imports from Australia are above the price thresholds set for duty reductions under the interim trade deal.
SOUTH AUSTRALIA TO PROMOTE ITS WINES & FOOD IN JAPANESE E-COMMERCE SITE RAKUTEN
Japanese e-commerce giant Rakuten will launch a “Tasting South Australia” special page on 3 June in partnership with the South Australia state government.
THAILAND'S NIGHTLIFE VENUES ALLOWED TO REOPEN FROM TOMORROW
Entertainment venues in touristy areas like Bangkok, Chiang Mai, Phuket and 28 other Blue and Green zone provinces will be permitted to stay open until midnight.
DIEGO SELLS 32 INDIAN LIQUOR BRANDS TO INBREW TO FOCUS ON PREMIUM LABELS
Diego will sell 32 of its local Indian liquor brands to Inbrew Beverages for USD106 million in a premiumisation move to get rid of some low-margin products.
SINGAPORE LAUNCHED BEER MADE FROM SEWAGE AT USD3.28 PER CAN
Singapore’s national water agency has turned sewage into a blonde ale called NewBrew in an attempt to raise awareness on water scarcity.
WORLD’S MOST CONSUMED SPIRIT S. KOREA’S JINRO SOJU ON GLOBALISATION PUSH
World’s best selling spirit brand, Jinro Soju, is planning a global push eyeing a double-digit growth in exports this year with special focus on Japan, China and the USA.
AUSTRALIA’S NEW PRIME MINISTER CALLS ON CHINA TO LIFT PUNITIVE TARIFFS
Anthony Albanese calls on China to remove the punitive tariffs imposed on Australian goods, including wines, because there is “no justification” for them.
CHINA DRAGS LVMH REVENUE, HENNESSY COGNAC Q1 SALES DOWN 18%
LVMH's wine and spirits division lags its leather and fashion department in Q1 2022, global sales of its flagship Hennessy Cognac down 18% due to COVID lockdowns in China.
TWE CEO SAID DIVERSIFICATION TO ASIAN MARKETS AHEAD OF SCHEDULE
Owner of the Penfolds brand, Treasury Wine Estates, said the group is ahead of schedule in diversifying to other markets in Asia as a strategy to beat China tariffs.
CHINESE WINERY SENT MARSELAN WINE & CUTTING SAMPLES TO SPACE
Tiansai Vineyards in Xinjiang has sent samples of their Marselan wine and cutting to space in an experiment aiming at improving the genetics of their crops.
SIX DOMESTIC WINES SERVED IN S. KOREAN PRESIDENTIAL INAUGURATION DINNER
Despite the popularity of imported wines in South Korea, guests attending President Yoon Suk-yeol's inauguration dinner were served domestic wines.
意大利的Verona市，地理上接近意大利北部的酒區，該市在本月初舉行的Vinitaly展覽會上，宣布將會建設一座葡萄酒博物館Museo del Vino，耗資達5000萬歐元，並得到了國家旅局支持，期望2026年落成。
UK EYES ZERO TARIFF FOR LIQUOR EXPORTS TO INDIA IN FREE TRADE TALKS
According to local media reports, the UK industry is hoping to see the tariff reduced by 50% in the first year of the deal, 90% in the third year, and eliminated in five years.
S. KOREA’S LOTTE OPENS DUTY FREE SHOP IN SYDNEY FEATURING PREMIUM WHISKY BAR
The shop features a cellar-door experience with resident sommeliers to assist connoisseurs to enjoy wines or sample premium whiskies from a 100-bottle Whisky Bar.
NIGHTLIFE WILL RETURN TO HONG KONG AS BARS AND PUBS ALLOWED TO REOPEN
Hong Kong’s nightlife will return as bars and clubs are allowed to reopen on 19 May after five months of closure.
COA OF HONG KONG NAMED ASIA'S BEST BAR DEFYING COVID DOOM
Coa of Hong Kong is named Asia’s Best Bar for the second time, the bar has been selling bottled cocktails to survive COVID measures which shut its doors since January.
AUSTRIAN WINE SECTOR TARGETING CHINA’S NICHE GASTRONOMY MARKET
Austria’s wine sector is targeting China’s niche gastronomy market with hope that their wine exports to China can grow 10-fold as predicted by the WTO.
JAPAN’S SUNTORY TO RAISE BEER PRICES UP TO 10% AFTER 28% HIKE IN ITS WHISKIES
Suntory announced yesterday that retail prices on 162 products, mostly beers, will rise between 6 to 10 percent from 1 October to reflect higher production costs.
TAIWAN TO HALVE TARIFF RATE ON CHAMPAGNES TO WOO FRANCE
Taiwan's legislature today passed a bill to halve the import tariff on Champagnes from 20 percent to 10 percent with a view to deepen ties with France.
INDIA SURVEY: ONLY 16% URBAN INDIANS PREFER WHISKY, FAR LOWER THAN WINE & BEER
A recent survey has found that despite being the biggest consumer of whiskies in the world, only 16 percent of urban Indians said whisky is their favourite drink.
RAREST & OLDEST OF JAPANESE WHISKIES ON OFFER AT HK AUCTION IN MAY
A bottle of the very rare Yamazaki 50YO First Release and a bottle of the distillery’s oldest 55YO will go under the hammer at a Bonhams sale in Hong Kong on 20 May.
SINGAPORE NIGHTLIFE VENUES ALLOWED TO REOPEN TODAY AFTER TWO YEARS OF CLOSURE
Singapore’s nightlife venues can eventually reopen today, but customers will need a negative antigen test and have mask on even when dancing and singing.
CHINA'S IMPORTED WINE MARKET SLUMP AMID LOCKDOWN MEASURES
China’s imported wine market cooled rapidly due to recent coronavirus outbreaks which see major cities like Shanghai and Shenzhen go into lockdown.
LEFT OUT IN REOPEN PLAN, HK BAR TRADE SLAMMED GOV'T DISCRIMINATING
Hong Kong’s bar trade has criticised the government of being discriminatory, with the industry being left out in the latest reopening plan.
S. KOREAN RETAIL GIANTS SHINSEGAE AND LOTTE TO BUILD WHISKY DISTILLERIES AT HOME
South Korea local media reported that both Shinsegae and Lotte are recruiting whisky experts to help build whisky distilleries at home.
AUSSIE HARVEST: RED WINE GRAPES DUMPED AMID OVERSUPPLY DUE TO LOSS OF CHINA MARKET
In Sunraysia area of Murray Darling region alone, it was reported that about 15,000 tonnes of ripe red wine grapes will be left to rot this harvest season.
S. AFRICAN PRODUCERS MAKE WINES TO SUIT CHINESE TASTES, EXPORTS TO CHINA DOUBLED IN 2 YEARS
Some South African wine producers are making wines specifically for the Chinese palate after having seen their wine exports to China doubled in the past two years.
DIPLOMATIC ROW: PAKISTAN POLICE RAIDED N. KOREA EMBASSY FOR LIQUOR STORAGE
Pakistan and North Korea were caught in a diplomatic row after Islamabad police raided North Korean Embassy for allegedly storing huge quantity of liquor.
AUSSIE WINE SECTOR TARGETS ASIAN MARKETS WITH AUD1.8M PROMOTION GRANT
Australian Grape & Wine has been awarded AUD1.8 million grant to explore new international markets, Asian markets like Japan, South Korea and India are amongst the top targets.
AUSSIE WINE TARIFFS TO INDIA REDUCED UP TO 50% THANKS TO TRADE DEAL
Australia and India signed trade agreement last Saturday, tariffs on Australian wine will be cut by 33 to 50%, further reductions will phase in over 10 years.
JAPAN’S LEGAL DRINKING AGE STAYS AT 20 DESPITE NEW AGE OF ADULTHOOD AT 18
Japan will lower its citizens’ age of adulthood from 20 to 18 this month, but legal drinking age will remain at 20 along with smoking and gambling.
JAPAN AND THAILAND WIN BIG IN ASIA’S 50 BEST RESTAURANTS 2022
Japanese restaurants Den and Florilège in Tokyo won top and third spots while Thai restaurant Sorn in Bangkok claimed second place.
HK’S FLYING WINEMAKER PARTNERS WITH INDULGE TO EXPLORE S. KOREA MARKET
The Hong Kong-based Flying Winemaker Group is partnering with South Korea’s Indulge Co. Ltd to expand to the country where the wine market is booming.
KWEICHOW MOUNTAI OWNED BORDEAUX CHATEAU CHANGED HANDS UNDER COURT ORDER
Bordeaux winery Chateau Loudenne, which had been owned by leading Chinese baijiu producer Kweichow Moutai since 2013, has recently been sold under a court order.
VINE CULTIVATION IN INDIA’S NASHIK WINE REGION SET TO EXPAND BY 1000 ACRES
Wineries in India’s Nashik wine region are expecting 20% growth in wine sales in India, they are planning to add 1000 acres to 7,000 acres of grape cultivation to meet the demand.
SINGAPORE TO LIFT RESTRICTION ON SERVING ALCOHOL FROM NEXT WEEK
Alcohol sales at restaurants and bars after 10:30pm will be allowed from next Tuesday, the government will provide an update on reopening of other nightlife venues in coming weeks.
K-POP STAR LISA'S CHIVAS REGAL ADVERTS CAUSED CONTROVERSY IN THAILAND
Thai local media reported that Thai government is investigating if any Thai people have shared photos of the advert as alcohol advertising is illegal in Thailand.
SURVEY: 42% of 20 & 30-SOMETHING JAPANESE HAVE NEVER CONSUMED SAKE
Despite that sake has gained substantial popularity globally, Japan's young people seemed to be falling out of love of Japan's iconic drink.
WTO APPOINTED PANEL TO ADJUDICATE AUSTRALIA'S DISPUTE WITH CHINA ON WINE TARIFFS
The World Trade Organisation has appointed a panel of three to hear Australia's compliant against China, a resolution is expected in at least 12 months.
CONCHA Y TORO'S SALES IN CHINA GREW 89.5% IN 2021, PREMIUM SEGMENT GREW 152%
With the opening of a new distribution center in Shanghai, Chilean wine producer Concha y Toro saw strong growth of 89.5% in China in 2021.
LOCAL MEDIA: S. KOREA'S LOTTE GROUP LOOKING TO BUY VINEYARDS IN EUROPE
Retail giant Lotte Group is reportedly looking to buy premium vineyards in Europe after major rival Shinsegae Group acquired Shafer Vineyards in Napa Valley.
INDIA: FORMER STATE GOVN'T HEAD VANDALISED LIQUOR SHOP TO CAMPAIGN FOR DRY STATE
Former Chief Minister of India’s Madhya Pradesh State, Uma Bharti, vandalised a liquor shop in Bhopal yesterday to demand alcohol prohibition in the state.
CHRISTIE'S TO AUCTION HK TYCOON JOSEPH LAU'S WINE COLLECTION NEXT MONTH
Dubbed “Iconic Wines from Joseph Lau”, the auction to be held on 13 April will comprise 89 lots with an estimated total value exceeding HKD24 million (USD3m).
THAI CABINET SCRUTINISING BILL TO ALLOW SMALL PRODUCERS TO MAKE ALCOHOLIC DRINKS
Thailand’s government is scrutinising a bill to amend the current laws which favours big producers by effectively blocking all small producers.
SINGAPORE HIGH COURT OVERTURNED G.I. STATUS FOR ITALIAN PROSECCO
Singapore’s High Court has overturned the Intellectual Property Office’s earlier decision to allow Italy’s Prosecco to register Geographical Indication status in Singapore.
SURVEY: KOREANS CONSUME ALCOHOL LESS FREQUENTLY BUT DRINKING MORE EACH TIME
The average Korean consumed alcohol less frequently last year compared to the year before, but were drinking a bit more each time, according to an industry survey.
CHINA’S WINE PRODUCERS CALLED ON BEIJING TO PROVIDE MORE SUPPORT
Chairmen of China’s two leading wineries have called on Beijing to provide support in brand building and cut tax to help producers at this difficult time.
CHINA IS CHILEAN WINES' TOP EXPORT MARKET GROWING 38% IN 2021
Chilean wine exports to China grew 38.1 percent in value to USD256 million in 2021, making China Chile’s biggest wine export market, according to data from Vinos de Chile.
AUSTRALIA'S MCGUIGAN WINES WILL SHIP CHILEAN WINES TO CHINA TO BEAT TARIFFS
The first such shipment will leave Chile to China in four weeks, a new range called McGuigan Wines of the World will be created.
USA CHARGED TWO BRITS FOR USD100M FINE WINE SCAM THRO’ A HONG KONG COMPANY
Two British men have been charged in New York for duping victims through a Hong Kong company to invest some USD100 million in loans backed by fine wines that did not exist.
AUSSIE WINE CLUB MEMBERS HAVE CHANCE TO WIN A BOTTLE OF YAMAZAKI 55YO
An Australian wine club will give out a bottle of Yamazaki 55-year-old whisky worth more than half a million US dollars to a lucky member in a relaunch lottery.
SINGAPORE AIRLINES NAMED “BEST CELLAR IN THE SKY”
Singapore Airlines was named the best airline for wines by winning six gold medals in “Cellars in the Sky Awards 2021” announced yesterday.
CHINESE AUTHORITIES FINED BEAM SUNTORY RMB160,000 FOR VIOLATING ADVERTISING LAWS
The punishment is related to a promotional video with a scene showing alcohol consumption on the company’s social media account.
HURUN LUXRUY SURVEY: RICH CHINESE PREFERRED FRENCH WINE AND SPIRIT BRANDS
China’s high-net-worth individuals considered French Cognac brands most sought-after, with Louis XIII, Hennessy and Remi Martin topping the chart.
PROSECCO'S EXPORT TO CHINA INCREASED BY 117% IN VALUE IN 2021
Prosecco’s export to China increased by 117 percent in value in 2021, after China ruled that Italian Prosecco should enjoy geographical indication status in China.
FRENCH WINE & SPIRIT EXPORTS REACHED RECORD HIGH IN 2021 BOOSTED BY USA & ASIA
Despite severe disruption to wine production, value of French wine and spirit exports hit a new record high reaching €15.5 billion (USD17.6b) in 2021.
SOUTH KOREAN RETAIL GIANT SHINSEGAE BOUGHT SHAFER VINEYARDS IN NAPA FOR USD250M
South Korea’s retail giant Shinsegae Group has acquired Napa Valley winery Shafer Vineyards to consolidate its leadership in the domestic wine market.
67 PALL MALL OPENS SINGAPORE CLUB WITH SE ASIA’S BIGGEST WINE LIST OF 5,000 WINES
The club occupies a penthouse in Shaw Centre on Orchard Road. Founding life membership is SGD200,000, standard membership is SGD200 per month plus SGD2,400 joining fee.
PERNOD RICARD TEMPORARILY RELOCATES TOP EXECUTIVES FROM ITS HONG KONG OFFICE
Dubai is one of the relocation destinations, the COVID policy there allows the executives to visit other Asian markets and the company’s headquarters in Paris.
STRONG RECOVERY IN EXPORTS OF SCOTCH WHISKIES IN 2021 DRIVEN BY ASIA AND LATIN AMERICA
Exports of Scotch whiskies up 19 percent in value to £4.51 billion (USD6.1b) last year, driven by an impressive upsurge in Asia and Latin America.
PERNOD RICARD POSTED RECORD TURNOVER OF €6B IN H2 2021, ASIA MARKETS GREW 16%
Pernod Ricard partly attributed the success to the strong purchasing power in China and USA where consumers benefited from the weaker Euro.
JAPAN’S IMPORTED WINE MARKET SEVERELY DISRUPTED BY CONTAINER SHORTAGES
Japanese drinks giant Kirin Group said volume of its wine sales dropped 20% due to container shortages, while Suntory Holdings had to suspend sales of Australian wines.
THE MACALLAN LAUNCHED ITS OLDEST EVER SINGLE MALT 81YO THE REACH
This very rare whisky has a recommended sales price of USD125,000 with a limited release of just 288 bottles worldwide.
REPORT: INDIA WILL NOT OFFER ZERO TARIFFS FOR AUSSIE WINES IN FREE TRADE DEAL
India will only partially reduce import tariffs on Australian wines as part of the free trade agreement being negotiated, according to Indian media reports.
CONVENIENCE STORE WINE SALES IS CHANGING SOUTH KOREA'S RETAIL LANDSCAPE
Growth in wine sales have helped South Korea’s convenience store chains outstripped the three largest discount stores for the first time, according to a government report.
HONG KONG IMPORTED 41% MORE WINES IN 2021, AUSSIE WINE IMPORTS UP 131%
Media reports said some importers have used Hong Kong as a backdoor to avoid the crippling tariffs slapped on Australian wines by Chinese authorities.
97% of AUSSIE WINE EXPORTS TO CHINA WORTH AUD1B WIPED OFF IN 2021
According to Wine Australia's latest exports report, wine exports to China was reduced to just AUD29 million in 2021.
ISTANBUL: CHINESE CUSTOMER BOUGHT A YAMAZAKI 55YO AT 30% DISCOUNT ON PREVIOUS PRICES
The Unifree Duty Free shop at the Istanbul Airport announced that they have sold a bottle of Yamazaki 55 Year Old for USD559,200 to an unnamed customer from China.
INDIA'S DELHI CITY GOVERNMENT CUT "DRY DAYS" FROM 21 TO JUST 3 IN 2022
Today is India’s Republic Day, the Delhi city government announced yesterday that only Republic Day, Independence Day and Gandhi Jayanti will be dry days in 2022.
COGNAC SALES HIT ALL-TIME-HIGH IN 2021 THANKS TO GROWTH IN CHINA AND USA
Cognac sales to China jumped 56% last year, with 34 million bottles shipped, while sales to USA climbed 11% to 115 million bottles.
TAIWAN STUDY: MORE YOUNG WOMEN DRINK EXCESSIVELY WHILE MEN BECOME MORE RESPONSIBLE
A Taiwan study found that excessive drinking by men reduced from 37.99% in 2014 to just 5.3% in 2018, while that by women increased from 1.32% to 1.72%.
CHINA RULED THAT PROSECCO IS AN ITALIAN G.I. DESPITE OBJECTION FROM AUSTRALIA
China’s trademark office ruled that Italian Prosecco should enjoy geographical indication status and should be protected in China, despite opposition from Australia.
PROWEIN DUSSELDORF RESCHEDULED TO 15-17 MAY FROM LATE MARCH
The German organiser of the Prowein Düsseldorf show has announced that this year’s show will be rescheduled to 15-17 May from 27-29 March due to the Omicron wave.
VINEXPO QUIETLY DUMPED HONG KONG FOR SHENZHEN AS HOST CITY IN SOUTH CHINA
French organiser Vinexposium said Vinexpo Hong Kong 2022 will not go ahead in May, instead a show in Shenzhen will take place from 31 October to 2 November.
S. KOREA TO REQUIRE CALORIES INFORMATION ON ALCOHOL LABELS FROM NEXT MONTH
South Korea's Fair Trade Commission specified that calories and nutritional information will be require on labels of wine, whisky, beer, soju and other alcoholic drinks.
RESORTS IN INDIA’S NASHIK WINE REGION WERE FULLY OCCUPIED OVER THE FESTIVE PERIOD
India’s Nashik wine region saw 100 percent resort occupancy rate over Christmas and New Year, with footfall of wine tourists increased to 47,500 in December.
美國著名酒莊Robert Mondavi及法國波爾多右岸的 Chateau Angelus，都推出了與真實葡萄酒掛鈎的NFT，喜愛收藏優質葡萄酒的讀者，可以閱讀本文惡補一下NFT這項發明，了解這趨勢將如何影響葡萄酒收藏。
STUDY: INDIA HAS ABOUT 160M ALCOHOL CONSUMERS, ONLY 7.5% ARE WOMEN
UBS said the uptake of consumption by Indian women has increased during the pandemic despite decline in overall alcohol consumption.
SOUTH KOREA’S OWN ‘mmm!’ REPLACED DIABLO AS THE COUNTRY’S MOST POPULAR WINE BRAND
Launched by CU convenience store in 2020, the ‘mmm!’ brand was said to be 2.5 times more popular than Diablo Cabernet Sauvignon in 2021.
THAILAND TO SUBMIT G.I. APPLICATION FOR KHAO YAI WINES IN E.U.
Thailand's Intellectual Property Department expects to file geographical indication applications for Khao Yai wines in the EU by September this year.
HONG KONG'S BARS AND CLUBS CLOSED WHILE RESTAURANTS LIMIT HOURS AMID OMICRON SCARE
Hong Kong's hospitality industry estimated loss of HKD6 billion (USD770 million) worth of business in the next two weeks.
SOUTH KOREA'S WINE IMPORTS UP OVER 70% IN 2021, TOPPING USD500M FOR THE FIRST TIME
Latest official statistics showed that a total of USD 506.2 million worth of wines was imported between January and November 2021, up 76 percent from 2020.
WSET GAINED APPROVAL TO RESUME BUSINESS IN CHINA AFTER 11 MONTHS OF SUSPENSION
Having gained the required overseas NGO status, WSET is hopeful that courses and exams can resume in China after the Chinese New Year holiday.
WORLD’S BIGGEST FREE TRADE BLOCK BECAME EFFECTIVE IN ASIA-PACIFIC FROM 1 JAN 2022
Comprising China, Japan, South Korea, Australia, New Zealand and the 10 ASEAN countries, the Regional Comprehensive Economic Partnership is also the world's largest free trade bloc.