Treasure Wines share price: Penfolds owner lifts prices, says wine recession-proof - The Australian Financial Review

Treasury Wines CEO Tim Ford says the business has “genuine momentum” and consumers will keep buying high-end wine even with price increases.

We now have genuine momentum. We think weve got the brand and the price structure right, he said. The company lifted the price of its flagship wine Penfolds Grange early last month to $1000 a bottle… [+4128 chars]

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