Fine wine investors have been left with little to toast this year, after prices of top-end Burgundies and vintage Champagnes fell sharply as demand from Chinese buyers dried up. The price of Burgundy ...
Chinese consumers have cut their spending on fine wines. Bloomberg The falls mark a second consecutive tough year for the fine wine market, which was hit in 2023 by higher interest rates ...
Top bars and restaurants in Sydney, Melbourne, Brisbane and Adelaide are selling Chinese wines produced by both major players ...
The liquor industry in China is getting younger, propelled by demand from younger consumers looking for more personalized and ...
Fine wine investors have been left with little to toast this year after prices of top-end Burgundies and vintage Champagnes fell sharply as demand from Chinese buyers dried up. The price of ...
Treasury Wine Estates chief executive Tim Ford sees the recent acquisition of a small winery called Stone & Moon in China’s ...
Mr Ford has seen the best and worst of the Chinese market, from the crippling tariffs that kept his wine mostly locked out of the country for years to the boom in China’s wine consumption that ...