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

Pernod Ricard Raises Profit Forecast For Coming Year

Pernod Ricard said it now expects organic profit growth of about 16% for its 2020/2021 fiscal year, up from a previous April forecast of 10%, as...

Budweiser APAC To Boost Premium And Non-Beer Offerings

Budweiser Brewing Co APAC will step up promotion of premium beer brands including Hoegaarden and Corona and expand non-beer offerings, betti...

Treasury Wine Faces 175.6% Duty Rate For Australian Wine Exports To China

Treasury Wine Estates Ltd, the world's largest standalone winemaker, said on Monday that Beijing had imposed a final combined 175.6% anti-dumping and count...

China Imposes Temporary Anti-Subsidy Charges On Australian Wine Imports

China will temporarily impose anti-subsidy fees on some Australian wine imports from 11 December, the commerce ministry said, ramping up pressure on the in...

Australia's Treasury Wine To Divert China Wine Over Tariffs

Australia's Treasury Wine Estates Ltd said it would divert hundreds of thousands of cases of China-bound wine to other countries to avo...

Rémy Cointreau Eyes China And US-Led H2 Rebound As H1 Beats Forecasts

Spirits group Remy Cointreau has achieved better-than-expected first-half profits despite the global COVID-19 pandemic, it said on Thursday, predicting a s...

Spar Introduces International Wine Collection In China

Spar has announced that it has launched its international wine collection in Spar stores in Shandong province in China. Presently, the retailer is offer...

China Trade Body Urges 'Retrospective Tariffs' On Australian Wine

A Chinese drinks group has called for retrospective tariffs on Australian wine imports, Australian winemaker Treasury Wine Estates Ltd said on Wednesday, a...