Vietnam’s National Assembly has approved a proposal to raise the consumption tax on alcohol, and bring in a levy on sugary drinks, according to the local branch of the World Health Organization (WHO).
The Duckhorn Portfolio lowers 2024 guidance due to “softer wine market”
The group expected the industry “to grow low-single digits” in the third quarter but claimed that consumer data for luxury wine was down 1%.
Henry Mathieu June 07 2024
