Treasury Execs Flesh Out Wine Dump
Treasury Wine Estates has had to face several challenges in the US market in fiscal 2013. For the year ending June 22 TWE's value was down 2.6% and volumes were down 0.2%. The company shipped 15.4 million cases to the US (down 1.6%), while depletions (to retailers) were down 2.7% to 15 million cases.
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