VATS Liquor Store Hit by Baijiu Downturn, Wine Posts Double-Digit Growth| Vino Joy News
As many as 70% of China’s liquor chains have joined the on-demand retail boom, betting on 20-minute delivery to revive sales. But behind the rapid expansion lie steep costs, price wars, and doubts over whether traditional shops can truly profit.| Vino Joy News
Two months after Beijing moved to soften its alcohol ban, some merchants report a faint sales uptick in August. But for most, the question remains: has business truly bounced back—or are deeper troubles still dragging the market down?| Vino Joy News
China’s most valuable liquor maker, Kweichow Moutai, has posted its slowest half-year profit growth since 2015, as rising marketing expenses and mounting receivables signal intensifying pressure on the country’s high-end alcohol market.| Vino Joy News