The Wolf at the door: Wine giant Wolf Blass is winning again
After struggling through a couple of years of corporate turmoil, Wolf Blass is now focusing on wine quality and innovation
To paraphrase Orson Welles in The Third Man, in times of political and economic turmoil, if you can avoid getting shot, great things can emerge.
This week, this sentiment rings true for the winemakers at Australian wineries Wolf Blass and Penfolds, Stags’ Leap and Wynns. The annual results from the wineries’ parent company, Treasury Wine Estates, show a remarkable turnaround on this time last year; a Aus$100.9 million loss has been transformed into an Aus$77.6...
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