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(Bloomberg) -- Treasury Wine Estates Ltd., best known for its Penfolds brand, said it expects demand for its premium and luxury products to remain strong even as an economic downturn threatens to exacerbate cost-of-living pressures.
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>>> Read more: Luxury Wine Demand Resilient to Downturn, Penfolds-Maker Says
Most Read from Bloomberg
Apple Targets Sept. 7 for iPhone 14 Launch in Flurry of New Devices Liz Cheney Prepares for Next Act in GOP Where Trump Holds Sway Biden Called Cheney After Her Loss to Trump-Backed Challenger Monkeypox Vaccine Maker Seeks Partners in Race ...
>>> Read more: Luxury Wine Demand Resilient to Downturn, Penfolds-Maker Says
