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Why this fundie tips Australian Vintage (ASX:AVG) shares
Bernd Struben | March 10, 2021 4:40pm |
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When you think of ASX listed wine shares,
Treasury Wine Estates Ltd(ASX: TWE) is likely the first one to come to mind. And for good reason.
The iconic Aussie wine company has a market cap of more than $8 billion, with a portfolio of globally recognised names including the likes of Penfolds, Beringer, Lindemans and Wolf Blass.
But as you likely know, Treasury Wine has been struggling to diversify from its dependence on the Chinese market, following import restrictions from the Chinese government.
Which brings us to a lesser-known ASX wine share,
McGuigan Wines supporting The Three Drinkers in mindfulness campaign Australian wine brand McGuigan Wines has kicked off 2021 by partnering with TV trio The Three Drinkers on a new campaign. The brand is supporting the group s Mind, Sense & Soul: Life Hacks for a Calmer 2021 campaign, with a focus on its alcohol-free range, McGuigan Zero. The campaign features a series of videos hosted by TV presenters and drinks writers Aidy Smith and Helena Nicklin, who showcase tips and coping mechanisms designed to calm anxieties and bring a bit of positivity to 2021. A total of 12 videos will go live on The Three Drinkers website and social channels throughout January, each exploring a different theme with topics including Light, Sound, Write and Move.