Wine Australia downsizes offshore in bid to cut costs
Wine Australia downsizes offshore in bid to cut costs
Dec 4, 2011 6
(TheAustralian) - WINE Australia is considering moving out of its upscale London and New York offices in a bid to cut costs.
Wine Australia chief executive Andrew Cheesman says changes are needed to ensure the international marketing of the nation's top drops was not jeopardised by a fall in federal government and industry partner funding.
Mr Cheesman said industry pressures such as an increase in less profitable bulk wine exports, depressed trading markets in the US and Britain and a strong dollar had been detrimental.
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