Interview: Treasury Wine Estates CEO Tim Ford on Penfolds, China & selling brands
FEAR & GREED | Business News
<p>Yesterday Treasury Wine Estates announced a big drop in its full-year profit, largely due to write-downs on a number of its cheaper brands.<br><br>Andrew Geoghegan from Ausbiz speaks with Tim Ford, Chief Executive of Treasury Wine Estates about the results, selling off the cheaper brands, and re-establishing Penfolds within the Chinese market.</p>
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