Latest Insights

Cognac plays the waiting game in China 16 Jul 2014

When Cognac producers were beginning to realise the full impact of falling demand in China last year, Pernod Ricard's MD of finance, Gilles Bogaert, was asked when he thought the situation would return to normal. Bogaert said that a recovery would take time, adding that “there are still questions over pace”.

Interview - ProWine China 6 May 2014

Later this year, Shanghai will host the second ProWine China, a sister event to Düsseldorf's ProWein. Here, just-drinks' Andy Morton speaks to head organiser Marius Berlemann to find out how preparations are going for the November show.

Spirits in China: The Blip is Here to Stay 17 Apr 2014

I'm calling it, people. Today is the day that I feel confident enough to conclude that the China 'crisis' is not a blip.

Red Light for China as Crackdown Ends "Glory Days" 28 Mar 2014

Pernod Ricard calls it “a short-term pause in our long-term growth”. But despite the optimism, the French group must be getting increasingly nervous about its performance in China.

Pernod targets women as China pressures intensify 28 Mar 2014

Pernod Ricard is to target female consumers in China after increasing pressure from a government crackdown pushed down expected profits in the country.

Latest News

Diageo writes down Shuijingfang value by GBP264m 31 Jul 2014

Diageo has written down the value of baijiu maker Shuijingfang, of which it has a 39.7% stake, by GBP264m (US$446.2m) as sales of the white spirit have fallen sharply in the face of China's anti-extravagance measures.

Diageo silent over Shuijingfang writedown report 28 Jul 2014

Diageo has declined to comment on reports that it is to write down the value of its stake in baijiu brand Shuijingfang.

TWE fighting Penfolds trademark battle in China 15 Jul 2014

Treasury Wine Estates (TWE) has said it is “confident” of protecting its Penfolds trademark in China after it emerged it is embroiled in a long-running legal battle over the brand.

All Market sells US$166m stake in China deal 15 Jul 2014

All Market Inc has sold a 25% stake of Vita Coco to a Chinese distributor for about US$166m, as the coconut water brand prepares to launch in the country.

Bordeaux owner named in China corruption probe 4 Jul 2014

The biggest Chinese owner of Bordeaux vineyards has been accused of misusing government money to fund the acquisitions, according to a report.

Coca-Cola breaks ground on US$100m Harbin plant 3 Jul 2014

The Coca-Cola Co has started construction on a US$100m plant in China's north-east.

Tingyi boosts Q1 profits as water, tea sales jump 19 May 2014

Tingyi has posted a big jump in Q1 beverage profits as raw material costs fell and sales of RTD teas and bottled water increased.

SkyPeople Fruit Juice sees Q1 profits, sales slide 16 May 2014

SkyPeople Fruit Juice has flagged a limited availability of raw materials after seeing a sharp drop in first-quarter profits.

China wine consumption, imports slip - figures 14 May 2014

Wine consumption in China fell last year as the rapid rise in the market since the turn of the century is faltering, latest figures show.

ProWine China to launch matchmaker event 6 May 2014

ProWine China is to host a “matchmaking” event that will connect Chinese and western vineyards looking to expand in the Asian country.

Latest blogs

Will grey sky thinking lead to broccoli beverage boom? 20 Jun 2014

A joint US and Chinese study released this week found that a tea made with broccoli sprouts helps the body to break down and expunge high levels of the chemical benzene.