The shock collapse of an award-winning wine label in South Australia has dealt another blow to the country’s floundering industry, as makers face an uphill battle to attract younger customers.
Heartland Wines, a red wine producer located in Norwood in Adelaide’s east, collapsed into voluntary administration with debts totalling $3.6 million.
Heartland Wines appointed administrators last month and reportedly owes nearly $3.6 million to creditors. Heartland Wines
The company appointed Daniel Lopresti and Anna Agostino of Clifton Hall as administrators last month after nearly 30 years of operation.
A spokesperson for Clifton Hall told nine.com.au that Heartland Wines would trade as normal as administrators pursued “options for the sale…