Penfolds owner Treasury Wines Estates expects drinkers to keep on spending
Treasury Wines CEO Tim Ford says luxury wine above $30 per bottle will be the strongest in tough times, as he also eyes more M&A.
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Treasury Wines CEO Tim Ford says luxury wine above $30 per bottle will be the strongest in tough times, as he also eyes more M&A.
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Penfolds boss Tom King says the new One by Penfolds won’t undermine the company’s luxury wines as it eyes the 25 to 40 age group.