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Ciatti Report: Lacking Predictability // Alcohol Industry Sees Broader FTC Probe Under Depression-Era Law

October 24, 2023 - Wine Industry Insight Daily News Feed

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“Despite accelerating its 'multi-country of origin' strategy for Penfolds - to include wine produced in China - since the tariff move, Treasury has struggled in recent years: Sales from the 12 months to the end of June were down 5% on the year prior, with fiscal 2023's AUD2.42bn way down on the AUD-2.83bn top-line performance in fiscal 2019.”

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