Major Shake-Up in Wine Industry: Pernod Ricard Offloads Jacob's Creek and More
Wednesday, 17 July 2024, 18:36
Major Developments in Wine Industry
Pernod Ricard's decision to sell renowned wine labels, such as Jacob's Creek, has sent shockwaves through the industry.
Industry Impact
- Key Brands Sold: Jacob's Creek, among others, have been offloaded by Pernod Ricard.
- Market Speculation: This sale has sparked discussions and projections regarding the future of the Australian wine market.
This move will likely have a significant influence on the industry's trajectory.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.