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My Collection Of Wine News From Around The World...
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Off-premise driving Australian wine sales in China

Off-premise driving Australian wine sales in China | Grande Passione | Scoop.it
Wine purchases made online and via retail stores and supermarkets made up the majority of Australian wine consumption in China over the last three years, a study has found.
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China set to overtake UK for Australian wine - Decanter

China set to overtake UK for Australian wine - Decanter | Grande Passione | Scoop.it
There was good news for Australian wine in China in 2015 and exports to the country look set to become more vaulable than those to the UK in 2016...
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Australia bottling plant opens up wine route to China

Australia bottling plant opens up wine route to China | Grande Passione | Scoop.it
Harbour Bottling, a wine bottling plant to give Australian wine a more direct path into the booming Chinese market has opened in South Australia.
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Beijing now has more billionaires than New York - CPP-LUXURY

Beijing now has more billionaires than New York - CPP-LUXURY | Grande Passione | Scoop.it
The Chinese capital added an incredible 32 billionaires to its ranks last year, bringing the city’s total to 100, according to Hurun Report’s latest global rich list. New York, which has led the ranking for years, has 95 billionaires. “Despite its own slowdown and falling stock markets, China minted more new billionaires than any other country in the world last year, mainly on the back of new [share] listings,” said Rupert Hoogewerf, chairman of Hurun Report. Moscow (66), Hong Kong (64) and Shanghai (50) rounded out the top five cities [...]
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The New China Playbook

The New China Playbook | Grande Passione | Scoop.it
Despite its slowing economy, China will remain one of the world’s fastest-growing consumer markets. Driven by the rise of upper-middle-class and affluent households, a new generation of sophisticated consumers, and the increasingly powerful role of e-commerce, the market will also undergo dramatic change over the next five years.
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On its 5th birthday, 63% in China actively using WeChat

On its 5th birthday, 63% in China actively using WeChat | Grande Passione | Scoop.it
WeChat has made a momentous impact on Chinese internet users and staked its claim to be the most innovative platform in the messaging app market.
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Italian luxury brands bullish about China's market - CPP-LUXURY

Italian luxury brands bullish about China's market - CPP-LUXURY | Grande Passione | Scoop.it
“I think sometimes, there is a misunderstanding,” said Michele Norsa, chief operating officer of Salvatore Ferragamo, the Florence-based manufacturer of $860 oxford shoes and $190 silk ties. “The stock exchange is not really impacting the consumption market.” In an interview conducted during Milan’s biannual fashion week, Norsa projected confidence. “The mood, if you look at different categories, is still of growth,” he said. The sentiment was echoed by Gian Giacomo Ferraris, chief executive officer of Gianni Versace. “We believe that even with this instability, we’ll have double digit growth” in [...]
Grande Passione's insight:

Ferragamo: “The stock exchange is not really impacting the consumption market.”

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Wine in China – a conversion is needed. Part I

Wine in China – a conversion is needed. Part I | Grande Passione | Scoop.it
Image: zhongguo-wine.com “A big mistake is to constantly target wine lovers. We should convert the non-wine drinker”. This quote from Judy Chan, President of Grace Vineyard in the Shanxi province of northern China, was met with much agreement and a question from the floor. In a thick Australian accent came the question everyone wanted to…
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Seizing the Consumer Packaged Goods Opportunity in China - McKinsey Greater China

Seizing the Consumer Packaged Goods Opportunity in China - McKinsey Greater China | Grande Passione | Scoop.it
A report on how China’s most successful CPG companies are navigating today’s market
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Chinese take shine to NZ wine

Chinese take shine to NZ wine | Grande Passione | Scoop.it
Chinese buyers pay much more per litre for New Zealand wine than other leading global consumers.
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"Old China" Vs. "New China" - The Importance of Understanding Change in the Middle Kingdom - China Briefing News

"Old China" Vs. "New China" - The Importance of Understanding Change in the Middle Kingdom - China Briefing News | Grande Passione | Scoop.it
Daniel R. Joseph discusses how China is changing, the difference between "Old China" and "New China", and how foreign companies can succeed in the country.
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China's luxury market 2016 Outlook - CPP-LUXURY

China's luxury market 2016 Outlook - CPP-LUXURY | Grande Passione | Scoop.it
India's luxury market to surpass $18,3 billion by 2016
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Why Australian Drops Are Dominating In The World's Largest Population

Why Australian Drops Are Dominating In The World's Largest Population | Grande Passione | Scoop.it
Australian wines are the flavour of the year in the world's two largest populations: with China bestowing the highest honours on our reds and India looking to learn more.

Last year, Wine Australia
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300m basketball fans and slow customs officials. Treasury Wines eyes faster China profit growth

300m basketball fans and slow customs officials. Treasury Wines eyes faster China profit growth | Grande Passione | Scoop.it
Treasury Wines ceo Mike Clarke says the profit upside is substantial in Asia as the company tries to convert a new generation of beer and spirits drinkers to ...
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Ricard: Chinese market a matter of interpretation

Ricard: Chinese market a matter of interpretation | Grande Passione | Scoop.it
Alexandre Ricard, the CEO of wine and spirits giant Pernod Ricard, has told the drinks business that competitors’ dazzling sales figures in China may not be an entirely accurate reflection of the market.
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Ningxia introduces winery classification system

Ningxia introduces winery classification system | Grande Passione | Scoop.it
Coming into effect in March, Ningxia’s new winery classification system is thought to be China’s first for regulating the production of quality wines in the Helan Mountains.
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Overcoming Asia’s Obstacles to Growth

Overcoming Asia’s Obstacles to Growth | Grande Passione | Scoop.it
Success in Asia’s emerging markets is critical to the future of most companies. But they are stymied by the region’s talent shortages, overstretched infrastructure, and uncertain regulatory environments. Asia’s most entrepreneurial companies are finding creative ways to navigate these constraints—and are capturing the biggest growth opportunities.
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Sicilian wine aims for global reach

Sicilian wine aims for global reach | Grande Passione | Scoop.it
The Sicilian wine industry is amping up its push overseas, especially in the US and China, in part by tapping a growing market for wine tourism.

“This year, ...
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12th Hurun Report Chinese Luxury Consumer Survey 2016

12th Hurun Report Chinese Luxury Consumer Survey 2016 | Grande Passione | Scoop.it
12th Chinese Luxury Consumer Survey
Grande Passione's insight:

Even with the anti-corruption campaign, "Gift giving by men and by women increased 15% and 24% respectively". However, red wine giving is down by 5% & spirits down by 43%.  Where does this trend come from?  The fact they consumer actually travel more and therefore gift on things they can bring back through their luggage?

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Which China Headline Do You Prefer? - McKinsey Greater China

Which China Headline Do You Prefer? - McKinsey Greater China | Grande Passione | Scoop.it
China generated more than a third of global GDP growth in 2015, yet many citizens, business leaders & also suppliers from around the world felt worse off.
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Decanter 中国醇鉴 - Official report shows Chinese vineyard plantings

Decanter 中国醇鉴 - Official report shows Chinese vineyard plantings | Grande Passione | Scoop.it
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Too many wine brands not ‘China-ready’

Too many wine brands not ‘China-ready’ | Grande Passione | Scoop.it
Building wine brands in China requires a novel approach, but few labels are ready for the market, according to Wine Intelligence co-founder Richard Halstead.
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New World wines thrive in challenging Chinese market

New World wines thrive in challenging Chinese market | Grande Passione | Scoop.it
The market for wine is rebounding strongly for New World wines, according to reports in the Chinese news media.
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2016 Consumer Goods Sales Forecast:Quality, Health, and Convenience Drive Growth into The New Year

2016 Consumer Goods Sales Forecast:Quality, Health, and Convenience Drive Growth into The New Year | Grande Passione | Scoop.it
Premiumization in personal care categories as 2015 value sales (7%) outgrow volume (1%), similar trend expected into 2016.Convenience stores will continue to win consumers in the 2016 CPG market
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