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Thursday 3 September 2015

China

Chinese snap up latest Bordeaux estate

Yet another Bordeaux wine estate has passed into Chinese ownership following the purchase of Château Renon by entrepreneur James Zhou.

Tuesday, January 6th, 2015 1 Comment »

Demand for tiger bone wine on the rise

A rising demand for tiger bone wine and tiger skins in China is threatening to drive the animal towards extinction in the wild.

Monday, January 5th, 2015 No Comments »

China austerity drive to impact until 2017

China’s austerity campaign will affect luxury drinks for a further two years, according to Kiki Yang, partner at Bain management consulting.

Monday, January 5th, 2015 No Comments »

Asian buyers push up vineyard prices

Wealthy Asians are broadening their search for wine estates, driving major price hikes in regions such as Sonoma, Hawke’s Bay and Barossa Valley.

Monday, January 5th, 2015 No Comments »

Chinese investor buys Swartland Winery

Chinese investors are seeking wineries outside of France with tech entrepreneur William Wu buying a controlling stake in the Swartland Winery in South Africa.

Tuesday, December 23rd, 2014 No Comments »

Poor vintages force château sale

A Chinese buyer has acquired a Northern Médoc property from its French and Dutch owners who decided to sell following recent difficult vintages, especially this year when hail decimated its crop.

Monday, December 22nd, 2014 1 Comment »

Chinese group buys Bordeaux estate

Chinese interest in Bordeaux appears buoyant following reports that one of China’s major hotel firms is set to buy Cadillac estate Château de Birot.

Wednesday, December 10th, 2014 No Comments »

China: more Carmenère than Chile?

There could be more Carmenère planted in China than anywhere else in the world, according to French ampelographer Jean-Michel Boursiquot.

Friday, December 5th, 2014 No Comments »

Woolworth’s deal puts in Summergate in position to grow

Australian liquor giant Woolworth’s recent acquisition of Summergate Fine Wines puts the latter company in a position to “aggressively” build its markets says its CEO.

Thursday, December 4th, 2014 No Comments »

Australian retail giant buys Summergate

One of China’s major wine importers, Summergate Fine Wines & Spirits, and its retail subsidiary Pudao Wines have been bought by Australian drinks retail giant Woolworth’s Liquor Group.

Tuesday, December 2nd, 2014 No Comments »

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