|
|
Article: Foster's overseas sales fall.
- Article from:
- Australasian Business Intelligence
- Article date:
- July 25, 2006
CopyrightCOPYRIGHT 2006 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Blair Speedy
Jul 25, 2006 (The Australian - ABIX via COMTEX) -- Foster's Group's wine sales in Great Britain were 11.9 per cent lower over the four weeks to 1 July 2006, compared with the same period in 2005. According to the ACNielsen figures, sales of the Lindemans, Penfolds and Rosemount brands all declined. However, Larry Gandler, of Credit Suisse, anticipates the situation may alter later in 2006, when new displays and products are introduced. In other Foster's news, the Australian alcoholic beverages company has divested a 49 per cent interest in South Australian group, AP John, to French company, Tonnellerie Francois Freres. Foster's shares ...