China: latest retail news, insights and analysis | ESM Magazine

Australian Wine Industry Faces Hangover From China's High Tariffs

Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and e...

Heineken Names Joanna Price As Chief Corporate Affairs Officer

Brewer Heineken has announced the appointment of Joanna Price as its new chief corporate affairs officer, effective 1 July 2023.

Rémy Cointreau Forecasts Stable Sales, Investors Disappointed

French spirits group Rémy Cointreau predicted sales would remain stable in financial year 2023-2024, reflecting weak US demand in the first half but...

Pernod Ricard Upbeat On Q4 As Consumer Demand Recovers In China

French spirits group Pernod Ricard reported a bigger-than-expected decline in third-quarter sales but said it was confident of delivering a strong performa...

British Craft Beer Firm BrewDog In JV Deal For China Expansion

British craft beer firm BrewDog said it will start to brew its Punk IPA, Hazy Jane and Elvis Juice products in China through a joint venture with Budweiser...

Rémy Cointreau Sees Smaller-Than-Expected Decline In Q3 Sales

French spirits maker Rémy Cointreau has posted a smaller-than-expected drop in third-quarter sales, as steep shipments to China ahead of the Lunar N...

LVMH Beats Expectations Despite China Drag On Sales

Moët & Chandon owner LVMH is optimistic about high-end spending in the United States but it struck a cautious note on the pace of recovery in...

Rémy Cointreau Gives Confident Outlook Despite China COVID Woes

Rémy Cointreau is confident over prospects for this year and has predicted a strong start to business in the first quarter despite COVID-related res...