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clock Created with Sketch. 16/02/21
10:54
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Originally posted by Bwatson:
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I disagree, I agree it changes nothing for the short term, but long term market still hoped/expected sales would return to China. The appearance of these knock-offs and the so-far lack of any apparent action from the Chinese Authorities implies we're gone from China for good. Seems like China won't be a market for us anymore.
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Knock offs in China have been around for 2 decades. It does not only impact Penfolds, but a huge number of other brands in other sectors as well.
Last edited by
2sigma :
16/02/21
(20min delay)