Berry Bros & Rudd has appointed Jamie Ritchie (pictured) as MD of international & auctions, with responsibility for leading its business in the US and Asia. He will join the company in August this year and will be based in Washington DC, where the company opened its first US store in June.
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The Court of Master Sommeliers (CMS) is to celebrate having awarded 2,000 certificates in China and Asia with a walkaround tasting and dinner at Shanghai’s Okura Garden Hotel in July.
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Sake exports grew by +6% year on year for 2024 compared to the year prior, with the export value reaching 43.5bn yen (approximately £230mn) with 3.45mn cases of the rice wine reaching a record 80 countries and regions.
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Leading auction house Christie’s has welcomed Adam Bilbey into its ranks, appointed as the new head of the wine and spirits department in Hong Kong.
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London-based Cask Trade is opening an outpost in Hong Kong following an “unprecedented” spike in demand from the region.
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Fine wine and spirits merchant Bordeaux Index has recorded over $125m in total sales in 2020.
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The growing importance of Italian wines on global trading markets is reflected in the half-year data released by Liv-ex, the online fine-wine trading platform.
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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The Chinese wine market could contract by 20% or more and many businesses will fail as a result of coronavirus, two industry experts have said.
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The realisation first occurred in Ho Chi Minh City, after a charming waitress at 'The Garlik' restaurant produced a concise wine list. The restaurant was full of middle-class Vietnamese – and a handful of tourists – most of whom were drinking wine. I observed a similar scenario one week later, at Riedel's bar-cum-restaurant in central Bangkok. The sommelier was proselytising the virtues of white Burgundy – one of the many bottles contained in a wall-mounted enomatic machine - to a young Thai couple. I left the restaurant convinced that due to the media's powerful China obsession, the potential of these cultures to love wine was being grossly underreported.
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Andrew Catchpole reports from WBWE in Yantai on the booming bulk market and fast-evolving Chinese taste for wine
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Pernod Ricard’s first quarter figures revealed strong growth underpinned by China and India the Asian markets.
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Cult Wines, investment manager in fine and rare wine, has reported a 67% surge in annual revenues to £33.9m.
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Wines Unearthed, known to the industry through the London Wine Fair, is expanding to Asia.
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Fine wine trader BI has reported a 43% uplift in turnover to £50m for the first half of 2017, marking the strongest period of sales for the company for several years.
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