Chinese wine consumers are increasingly prepared to spend more on wine. Even over the past year the industry has witnessed significant growth on average per bottle prices, with increases of 45% in some cases. “The market historically started buying […]
As we draw closer to the end of the year it is the ideal moment to reflect on how the marketing landscape is changing and how businesses can start preparing for a prosperous 2019. China […]
More China Wine Market News… China’s wine consumption are set to increase exponentially over the next four years. According to the latest figures from International Wine and Spirit Research (IWSR), commissioned by Vinexpo, consumption of […]
More China Wine Market News… The Hong Kong-listed financial company Golden financial spent US$40m last week to aqcuire 40ha of Napa Velley vineyards. It says despite overall consumption being lower still than its European counterparts, […]
More China Wine Market News… Wine magazine Decanter ranked the 50 most influential people in the industry and for the fist time five people on the list reside are in China. Chinese consumption patterns are also changing the wine […]
More China Wine Market News… The Chinese B2C website yesmywine.com averages sales of 10,000 bottles per day and is struggling to keep up with rising demand. Created in 2008, the company no has 4 million […]
More China Wine Market News… The 30th Vinexpo, held in Bordeaux, has released it’s visitor numbers and Asia now dominates with more than 33% of all trade visitors coming from this fast emerging market. Add […]
More China Wine Market News… Northern China favours “big flavours, big reds and big alcohol”. Canton in the South (just north of Hong Kong) prefer more delicate, refined flavours. The southwest, generally prefer wines with […]
More China Wine Market News… Wealthy Chinese are famous for their preference for high-end Bordeaux wines, even if the food pairings with this classic are sometimes questionable. But that is only the door opener for […]
More China Wine Market News… Rumor has it that Bright Food Group, the Shanghai-based food and beverage giant, is after Treasury Wine Estates (owner of Lindeman’s and 53 other brands) – the wine business Foster’s […]
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