date:Jul 15, 2014
s, and said in an April interview hes looking to sell underperforming brands as well as unused winery and packaging assets.
Treasury said it would take an impairment charge of as much as A$260 million in the year ending June 30 after overpayments for acquisitions, slowing sales of cheap wine and writeoffs of brands and property.
The company will also change the release dates of some Penfolds vintages from March and May to October to boost sales. That will allow the bottles to be shipped during