Treasury Wine Estates must “simplify” its structure, give Asia more attention and review its business in the US to wrest the decline in the Australian wine major’s share price, a former executive has said.
Robert Foye has written to Treasury Wine Estates’ chairman suggesting a series of measures that he claims could double the Penfolds maker’s share price.
Treasury Wine Estates must “simplify” its structure, give Asia more attention and review its business in the US to wrest the decline in the Australian wine major’s share price, a former executive has said.