The billionaire Oatley family has a plan to buck the global trend of declining wine consumption and restore Rosemount, once the fifth best-selling wine label in Australia, to greatness.
Sandy Oatley and daughter Nicky acquired Rosemount from Penfolds owner Treasury Wine Estates in October as part of the ASX-listed company’s drive to simplify its portfolio, bringing the label built up by patriarch Bob Oatley back under the family’s control for the first time in over two decades.
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