World wine trade buoyed by rebound in China demand Wine exporters toasted an upturn in Chinese wine consumption in 2015 after a two-year decline, as a growing taste there for reds helped global wine trade expand, the International Vine and Wine organisation (OIV) said on Monday. Chinese imports jumped 44 percent to 5.5 million hectoliters,…
Jack Ma plans new Alibaba wine sales day in China Jack Ma confirmed speculation in the trade about a new, annual Alibaba wine sales day on 9 September during a public discussion with Italian prime minister Matteo Renzi at the Vinitaly show in Verona today (11 April), according to a report by Italian press agency…
CHINA’S TOP 10 BIGGEST WINE IMPORTERS The latest figures on wine sales in China show a market back in growth. We look at the performance of the top 10 importers by country. Read more at http://www.thedrinksbusiness.com/2015/11/chinas-top-10-biggest-wine-importers/ As previously reported by the drinks business, the market for wine in China appears to be experiencing a bounce back, with…
Wine sales soar on China’s Singles’ Day festival China’s Singles’ Day success China’s online wine and spirits retailers have reported strong rises in sales during the 2015 Singles’ Day shopping festival. Read more at https://www.decanterchina.com/en/?article=1230#DsGHTY2JxoPKfyz9.99 Retailer Yesmywine doubled sales on its Tmall.com outlet versus last year to hit CNY 40.5m (£4.2m) during China’s Singles’ Day,…
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