so yep hearing penfolds is still moving well in China even with the addition of a Tarif. China has actually slapped a bit more on it to slow sales down, but not working. Chinese domestic spending has gone into overdrive and they are still willing to pay a premium. Remember penfolds is still a lot cheaper than French prem producer even with a Tarif on it! Shipping I can see being a problem, but again twe has a massive warehouse...
What is TWE Worth Ex-China?, page-256
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$12.38 |
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Mkt cap ! $10.04B | |||
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