joshvassallo
joshvassallo
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Voted on a straw in #Risks for Lark Distilling Co. Ltd by RockHopper
3 months ago
#Risks

I've read the recent straws with interest, and agree that Lark has the opportunity to become a brand with the equivalent status of Penfolds in Australia. I know a lot of people who are ordering bottles online, quite frequently. However, I'm concerned that the substantial growth required to turn the company into something that is highly profitable relies on Chinese high-wealth consumers, exposing Lark to the risks associated with the China-Australia bilateral spat. I understand Australian spirits are not yet subject to tariffs, but would imagine they could be added to the list very quickly.

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