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...By contrast, local rival Treasury Wine Estates trades on 16 times trailing ebitda. With Chinese tariffs expected to end in 2024, wine oversupply should diminish....
...Australian wine companies including Treasury Wine Estates and Accolade have turned to other markets in south-east Asia and North America to offset the loss of Chinese sales....
...Despite the arrival of Constellation and last year’s acquisition of Oregon’s A to Z Wineworks by Ste Michelle Wine Estates, which reports to a New York-based private equity firm, he was sanguine....
...It’s semi-hidden away in the dunes of Lido Fiori, a short drive from the Estate....
...The Financial Times Ltd and the authors are not responsible for any direct or indirect result arising from any reliance placed on replies, including any loss, and exclude liability to the full extent....
...the Sussex Nyetimber wine estate did for English sparkling wine in the 1990s....
...Who The Whistler Real Estate Co Ltd/Luxury Portfolio International House, West Vancouver, C$19.9mn Where On an ocean bluff in West Vancouver....
...With that end in mind, a new Mulberry primary school in Wood Wharf, an offshoot of the Mulberry School Trust in Shadwell (visited by Michelle Obama in 2015), opened this September....
...Details: Michelle Jana Chan was a guest of Pura Aventura (pura-aventura.com)....
...According to Michelle Lam, senior China economist at Société Générale, Beijing’s deleveraging initiatives were “visibly increasing the credit spread for risky lenders”....
...Who The Whistler Real Estate Co Ltd, Luxury Portfolio International Incline, Lake Tahoe, Nevada, US, $3.85m Where On the outskirts of Incline village, five miles from Diamond Peak ski resort....
...And because lesser estates can find it so difficult to establish a distinctive identity and long-term sales strategy many offer some of the best value wine in the world....
...Most of the Chianti Classico estates also produce their own olive oil, another key ingredient in a Tuscan holiday and one that can be just as evocative as wine....
...More are on the ground and attic floors, with maids’ quarters and wine cellar in the basement, and there is a 329 sq m veranda....
...Treasury Wine Estates, Australia’s biggest wine group, noted a fall in China sales in February, before the virus was classed a pandemic....
...The couple own the Roy Estate vineyard in Napa Valley, which sells wines that go for more than $500 a bottle to those who can get themselves past the waiting list....
...Roebuck Estates, Classic Cuvée 2014 England £35 roebuckestates.co.uk Only the second wine from this estate near Petworth, Sussex, it managed to win a gold medal in this year’s Wine GB awards....
...& White, South Down Cellars Grown exclusively on this rejuvenated, AXA-owned estate, where the grapes are trodden by foot in traditional fashion....
...The post-presidency success of Barack and Michelle Obama is one obvious model....
...Today we have: An exclusive interview with Union Square Hospitality Group’s Danny Meyer Climate change’s threat to real estate is resonating with conservatives EU’s climate plans have not been derailed...
...Care UK owns about 35 per cent of its residential homes for the elderly after selling some of its real estate to pay off debt....
...We saluted the boldness of Majestic Wines in deciding to divest its UK estate of wine shops, beloved of middle-aged chaps in red trousers....
...Treasury Wine Estates chief executive Michael Clarke said he would retire from the Australian wine group late next year, sending the company’s shares down by more than a tenth. More here....
...Mr Dohle this week provided a stark reminder of the printed word’s commercial power, revealing that Michelle Obama’s memoir Becoming had sold more than 10m copies since November — a vindication of the $65m...
...The core Iceland chain is also expanding its estate and refitting existing stores....
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