As it was with penifolds entering the US makret is a pain in the ass and competing against established local brands there is difficult.
data out of Asia is spending on luxury items is up around 36%
Middle class continues to grow.
if you have been to Asia, buying a bottle of high end whisky for the table when you are at a bar or club is standard practice. I was in Singapore only days ago and about 50% of tables had a bottle on them, of whisky that in Australia would cost you $400+ a bottle of bought at a bar. That is the market you want to enter, and the one lark has said they aim to enter.
LRK Price at posting:
$2.82 Sentiment: Hold Disclosure: Not Held
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