Sentences with phrase «yellow tail label»
The earlier rise in value of the Australian dollar against its US counterpart eroded profits from Casella's Yellow Tail label, where three quarters of its annual 12 million case production is sold in the US.
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One of the Australian wine industry's greatest success stories, Casella Wines, has plunged to its first loss in more than 20 years, putting it in breach of its debt covenants and forcing it to slash costs as a high Australian dollar cuts profit from its popular Yellow Tail label.
Casella's family wine company, Casella Family Brands, owners of the Yellow Tail label, are betting on the weaker Australian dollar and a move into premium categories to boost profits.
Not exact matches
Just last month, Griffith - based Casella Family Brands, owner of the huge Yellow Tail wine label, bought the Baileys of Glenrowan winery (est. 1880) and 144 hectares of vineyard in northeast Victoria from Treasury Wine Estates.
JOHN Casella would like the world to know that reports of the pending death of Casella Wines, his family owned winemaker behind international juggernaut label Yellow Tail, are greatly exaggerated.
Casella Family Brands is the owner of the Yellow Tail wine label as well as the Peter Lehmann and the Coonawarra Brand's Laira labels.