Treasury Wine Estates Archives - Inside FMCG

Treasury Wine Estates Archives - Inside FMCG

Treasury Wine Estates to focus on other markets after sudden Chinese levy

Treasury Wine Estates has been swift to move after China imposed sudden duties on Australian wine imports.

China launches anti-dumping probe into Australian wine

An anti-dumping probe into Australian wine by China’s Ministry of Commerce risks escalating a growing trade dispute between the two countries.

Covid-19 squeezes luxury wine sales, says Treasure Wine Estates

Lower luxury sales during Covid-19 restrictions impacted Treasury Wine Estates (TWE) sales, with net profit down 25 per cent as a result.

TWE earnings take a hit, Penfolds demerger talks progress

Treasury Wine’s new CEO Tim Ford shares first business update, flags 21 per cent drop in earnings due to Covid-19.

TWE served another class action

Treasury Wine Estates said it “strongly denies any and all allegations of wrongdoing”.

This week in FMCG

This week’s top headlines.

Treasury Wine considers demerger of Penfolds

The spin-off of the Penfolds brand to accelerate the separate focus of its luxury and commercial portfolios.

This week in FMCG

This week’s top headlines.

TWE faces class action after sudden drop in share price

Shareholders raise concerns over market disclosures around the health of Treasury’s US wine business.

This week in FMCG

This week’s top headlines.