Wine business


First they trashed the Grange brand, now a great man’s name

Foster’s realised that selling wine was not the same as selling beer. So what to do now, but resurrect the old bloke who invented Grange, writes Richard Farmer.

Foster’s losing its fizz

Analysts at investment bank Merrill Lynch have put a big sell recommendation on Foster’s Group ahead of its AGM tomorrow, describing it as valuing destroying, reports Glenn Dyer.