Casella Wines posts first loss

By Julie-Anne Sprague
Updated December 21 2015 - 6:42am, first published January 13 2013 - 11:11pm
Casella Wines posts first loss

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.

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