SEOUL, Aug. 30 (Korea Bizwire) — South Korea’s wine imports hit a fresh high in 2020 as more people enjoyed drinking at home and alone due to the coronavirus pandemic, data showed Monday. Asia’s fourth-largest economy imported US$330 million worth of wine last year, up 27.3 percent from a year earlier, according to the data [...]
SEOUL, Aug. 30 (Korea Bizwire) — Aggregate wine sales at major convenience store chains this year thus far have already surpassed last year’s records. GS25 reported that its wine sales this year as of August 26 had already exceeded last year’s total by 4.7 percent. CU reported that its sales were already 16.4 percent higher [...]
SEOUL, Aug. 25 (Korea Bizwire) — Large discount stores have emerged as the main outlets for consumers to buy imported wine, a consumer watchdog said Tuesday. According to a survey conducted by the Korea Consumer Agency (KCA) of 1,000 local consumers who had purchased imported wine in the past year, Chilean wines accounted for the [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s wine imports more than doubled to touch a new high in the first half of the year as more people enjoyed drinking at home due to the coronavirus pandemic, data showed Thursday. Asia’s fourth-largest economy imported US$236.9 million worth of wine in the January-June period, up 110 [...]
SEOUL, July 26 (Korea Bizwire) — Convenience stores have begun offering discounts for wine and liquor with the start of the Tokyo Olympics. Unlike in the past, customers have recently begun looking for alcoholic drinks other than beer. E-Mart24 Inc. reported a 46 percent increase in beer sales on Thursday when the South Korean men’s [...]
SEOUL, April 21 (Korea Bizwire) — South Korea’s wine imports more than doubled in the first quarter of the year as more people enjoyed drinking at home due to the coronavirus outbreak, data showed Wednesday. Asia’s fourth-largest economy imported US$109.7 million worth of wine in the January-March period, up 115.4 percent from a year earlier, [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s wine imports reached a record high in 2020 as more people enjoyed drinking at home and alone due to the coronavirus outbreak, data showed Thursday. Asia’s fourth-largest economy imported 54,127 tons of wines last year, up 24.4 percent from a year earlier, according to the data by [...]
Saint Helena, California, Feb. 1 (Korea Bizwire) — The Napa Valley Vintners has brought together a stunning collection of nearly 100 exclusive library wine lots for its inaugural Direct from the Cellar: Napa Valley Library Wine Auction. Taking place February 11-20, the auction showcases Napa Valley’s excellence in winemaking. “Wines from Napa Valley stand for [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s wine imports soared to a record high in 2020 as more people enjoyed drinking and partied at home due to the coronavirus outbreak, government data showed Monday. South Korea imported US$239 million worth of wines in the January-November period last year, much higher than the $204 million [...]
SEOUL, Dec. 22 (Korea Bizwire) — Wine is gaining popularity among South Korean, consumers and has even surpassed beer on the sales charts at a number of major Korean retailers. Liquor sales data from South Korean hypermarket chain Emart Inc. between January and December 13 showed that wine accounted for 27.7 percent of total sales, [...]