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Chateau St Jean

Australian woes highlighted by Fosters wine sale

05/05/2011 by Ellen Wallace

Fosters, the largest drinks firm in Australian, has put its wine division up for sale, finally acknowledging that the business it spent A$7 million putting together, according to The Economist, was a disaster. The company will now return to its traditional role as a purveyor of Australian beer, with more than 100 brands, but the […]

Filed Under: Food & dining Tagged With: Australia, Beringer, Chateau St Jean, Fosters, Penfolds, Sydney Stock Market, Treasury Wine Esttes, wine sale

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