Figures suggest that Chinese
wines sales reached amazing new heights on 11th November 2015.
Unique holiday
Back in 1993, a group of students
of Nanjing University, China, created a new holiday. They wanted to celebrate
the fact that they were all single, so they deemed 11th November
‘Singles’ Day.’
The festival spread like wildfire
throughout the country, and now Singles’ Day is celebrated by people throughout
the People’s Republic every year. Many use the day as an excuse to buy
themselves a gift; the sheer size of the Chinese population has allowed
Singles’ Day to become one of the largest online shopping days in the
world.
Wine consumption
So what do you give yourself on
Singles’ Day? Many people choose to buy themselves a bottle of wine. Our
favourite tipple has become increasingly popular in China over the past few
decades, and now the citizens of the People’s Republic drink more wine than
anyone else in the world.
Statistics
quoted by the Globe and the Mail indicate that Chinese wine consumption
increased 36% from 2010 to 2014. Last year the Chinese drank more bottles than
anyone else in the world, and double the amount of their nearest rival – the
US.
Record sales
The
Drinks Business recently reported that online wine retailers racked up
record sales figures on Singles Day 2015. The most popular online retailer in
the People’s Republic, the Shanghai-based Yesmywine, took in $4.2 million in
two hours – doubling their sales from Singles Day 2014.
The surge wasn’t restricted to
Yesmywine, who sold part of their portfolio at major discounts to attract
Chinese buyers on Singles Day. Jiuxian.com registered 125,148 buyers – more
than any other retailer, and Sichuan1919 was the top seller by value, raking in
more than £15 million on Singles Day 2015.
Gift yourself
The moral of the story? When
people want to treat themselves they buy a bottle of wine! If you want to see
why wine sales surged on Singles’ Day, why don’t you buy
the Chateau La Conseillante 2007 from the Ideal Wine Company – a fantastic
vintage that’ll knock your socks off!