Tag: WINES

Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (HKG: 828), a premium grape winemaker in China, has upgraded its products in 2022, launching two smaller volumes – 373ml and 180ml – wine series in screw cap bottles, and also the Pleasant Color gift box and “Chinese style” product series, offering consumers more new and fashionable products and also to capture share in the young consumer market.The Group has launched the innovative 373ml and 180ml Dynasty dry red and semi-dry white series, sizes “disruptive” of the traditional wine market, to help it tap the young consumer market. Unlike the traditional ... Read more

Dynasty Fine Wines Group Limited (“Dynasty” or “the Group”) (Stock Code: 828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2021. Revenue in 2021 increased by 28% year-on-year to HK$306 million. Gross profit rose by 103% year-on-year to HK$121.9 million. Gross profit margin increased significantly from 25% in 2020 to 40% in 2021. Profit attributable to owners of the Company was HK$32.8 million in 2021, a decrease when compared with HK$116.4 million in 2020. The decline was due to a net gain (after tax) of HK$183.7 million from a disposal, ... Read more

Two Latin entrepreneurs, Jessica Contreras of Fuego Fino, Inc, and Frances Gonzalez of Vegan Wines, come together to make vegan wine and spirits more accessible to consumers. “Plant-based and planet-friendly is a powerful combination, not to mention the fact that we are two Latin women who are finding ways to work and build with one another. This is a win-win for our respective communities — and for female-founded ventures as a whole. It shows that when we come together, we can bring opportunity and change to the market,” says CEO Jessica Contreras.  AREN’T ALL WINES AND SPIRITS VEGAN? No. The ... Read more