Endeavour Group upbeat on premium wine spend after Cape Mentelle buy
Endeavour Group is expanding its fine wines portfolio, and boss Steve Donohue says shoppers are more than happy to splash out on a good drop.
Source: smh.com.au
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Endeavour Group is expanding its fine wines portfolio, and boss Steve Donohue says shoppers are more than happy to splash out on a good drop.
Endeavour Group’s 344 hotels are enjoying strong trade and the CEO says that augurs well for solid spending at Dan Murphy’s and BWS.
CEO Steve Donohue says extra supply chain costs and more promotions from rivals hurt margins in liquor retailing in the June half.