# Alcohol Industry
Latest news and articles about Alcohol Industry
Total: 2 articles found
Business
A Bitter Vintage: The Fading Fortunes of China’s Wine King
Changyu Pioneer Wine Co., China's largest winemaker, reported its lowest profits since 2000 as the domestic wine industry contracts to a fraction of its former size. Despite strategic pivots toward both low-end and high-end markets, the company continues to lose ground to imported wines and domestic spirits.
SoBiz2026年4月23日 10:57
#Changyu#China Wine Market#Consumer Trends
Business
A Bitter Vintage: The Precipitous Decline of China’s ‘Wine King’
Changyu A, China’s leading winemaker, reported a catastrophic 76% drop in net profit for 2025, marking its worst performance since going public. The decline highlights a systemic crisis in China's domestic wine industry, which has shrunk to a fraction of its former size due to competition from imported labels and the dominance of Baijiu.
SoBiz2026年4月23日 04:28
#Changyu A#Chinese Wine Market#Consumer Trends