Latest news and articles about Chinese liquor industry
Total: 1 articles found
Shede Liquor, controlled by Fosun, is under strain: key local liaison Wang Yong has resigned amid slipping sales, swollen inventories and a market that favours ultra-premium and mass-market players. The company’s governance concentration, large capacity expansion and high dividend payouts complicate recovery, leaving Shede at a crossroads between operational rescue, retrenchment or portfolio reallocation.
