Naked Truth

How To Lose Money Selling Wine for $800 a Bottle

I’ve previously written about how crazy wine prices are calculated for icon brands. Now, I just read this article about even very clever business people manage to lose money on Penfolds despite the $800 pricetag on its flagship wine Penfolds Grange. You know what really gets me? That somebody can sell a bottle of wine for more than $50 and […]