Business

TWE Posts A$1.08 Billion Loss as Penfolds China Depletions Surge 34.7%

15 Aug 2026

The Australian wine group cut customer inventories in China by 200,000 cases, but distributors offered a more cautious assessment of underlying demand. Read More The post TWE Posts A$1.08 Billion Loss as Penfolds China Depletions Surge 34.7% appeared first on Vino Joy News.

Published by vino-joy.com at 2026-08-13

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