Archive for the 'Far East' Category

Rémy Cointreau: consolidated statements for the year 2007/8

The Board of Directors of Rémy Cointreau, meeting on 29 July 2008, approved the Group’s consolidated financial statements. Net profit was €98.4 million.
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VinExpo Asia 2008 breaks all records

Vinexpo Asia-Pacific, the region’s largest international wine and spirits exhibition, ended today at the Hong Kong Convention and Exhibition Centre (HKCEC) after three successful days during which it broke all previous records in terms of visitors and exhibitors.
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Inaugural Wine & Gourmet ASIA 2007 hailed as resounding success

Next Wine & Gourmet ASIA 2008 to take place November 5 -7 November, 2008
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Australian wine continues its push into Asia

Australia will step up its push into North and South East Asia over the coming weeks. The Australian Wine and Brandy Corporation (AWBC) - in conjunction with Austrade, will have a substantial presence at three key wine trade events in the region. Wine writer and commentator Jeremy Oliver will headline all events across the region.
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Castel will launch a new series of wines to China again

Castel will launch a new series of wines (Baron de lestac and Malesan) to China in November.
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EastBridge to distribute wine in China

EastBridge Investment Group has announced that the wine products of its 15% owned Arem Wines based in Australia, are now being distributed in 1,000 Chinese retail outlets.
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10th Japan Wine Challenge 2007

Japan Wine Challenge 2007 Result — The 10th Japan Wine Challenge took place at the Sheraton Miyako Hotel Tokyo from Wednesday 25th to Friday 27th July 2007. With around 1,700 wines from 20 different countries, the Japan Wine Challenge is now firmly established as Asia’s most prestigious wine competition. 
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US - Korea Free Trade Agreement

The U.S.-Korea Free Trade Agreement (KORUS FTA), now awaiting Congressional approval, will provide America’s farmers, ranchers, food processors, and the businesses they support with improved access to the Republic of Korea’s 49 million consumers. If approved, this would be the most economically significant trade agreement for the U.S. agricultural sector since the North American Free Trade Agreement.


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Moet Hennessy acquires majority stake in Wen Jun Distillery, a premium Chinese white spirits company

Moët Hennessy, the wines and spirits business of LVMH, the world’s leading luxury products Group, announces the acquisition of a 55% equity investment in Wen Jun Distillery, one of China’s premium white spirit companies. Jiannanchun, the current owner of Wen Jun Distillery, will hold the remaining 45%, and will contribute actively to the success of the venture.


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International workshop on Chinese wine market and wine related products

Aug 8-10, 2007, Beijing, China

Organizer:
China Agricultural University (CAU)
CVEA (China Viticulture & Enology Association)
OIV (International Organization of Vine and Wine)
CADIA (China Alcoholic Drinks Industry Association)


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Dynasty Fine Wines Group Ltd

Dynasty announces 2006 annual results

Turnover increases by 17.6% to HKD1,114.1 million


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California wine exports to benefit from signing of U.S. - Korea Free Trade Agreement

The United States Trade Representative concluded historic Free Trade Agreement negotiations with Korea on April 1, 2007, which will result in eventual elimination of tariffs and other barriers to trade in most goods and services. Wine and more than half (or $1.5 billion) of current U.S. farm exports to Korea will become duty-free immediately upon ratification by both countries. The agreement now goes to the U.S. Congress for approval and the President’s signature.

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South Africa and Chile investigate a partnership for selling to Asia

Chilean Foregin Minister and Ambassador made a flying visit to the Barossa Valley to discuss a potential joint selling partnership in Asia.
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Asia’s rising wealth boosts alcohol makers

Asia’s elite are drinking more wine, champagne and imported beer as their growing spending power makes them increasingly important for the luxury goods industry.
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Korea’s wine imports surge in first half

Wine consumption in South Korea is set to reach record levels this year, as consumers learn of the grape beverage’s health benefits, suggests a new report.

Imports of wine are expected to reach US$80 million in 2006, well ahead of last year’s record US$68 million, according to data gathered by the US agricultural attaché in the country.
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Vinexpo Asia-Pacific 2006

Vinexpo Asia-Pacific 2006, an international wines and spirits trade fair dedicated to Asia-Pacific professional visitors, takes place at the Hong Kong Convention and Exhibition Centre (HKCEC) from May 23rd to 25th, The show’s organiser, Vinexpo Overseas SAS, is also responsible for Vinexpo Americas, and is a subsidiary of Vinexpo SAS, which has organised the most important biennial trade event, Vinexpo, in Bordeaux (France) every other year since 1981.

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Dynasty announces 2005 annual results turnover increases 17.8% to HKD947 million

Strengthens marketing and sales efforts
Taps into the Hong Kong Market
Expands company capital foundation through mergers and acquisitions
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