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AUS: New wine group eyes US exports

AUS: New wine group eyes US exports

AUS: New wine group eyes US exports

Apr 29, 2011 , by 6
TREASURY WINE ESTATES, the wine business newly demerged from Foster's, will investigate opportunities to sell more Californian-grown wine to Europe and Australia as the feeble US dollar makes United States wine exports highly competitive. The incoming wine division chief executive, David Dearie, said the high Australian dollar posed a challenge to the business, making it harder to sell Australian wine overseas.


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