Treasury Wine Estates
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Matua partners with Below Deck star Aesha Scott for a new US campaign
The partnership has activated on June 27 at the Palm Tree Music Festival Hamptons, where the brand hosted the Matua Sauv...
Treasury Wine Estates targets $100m savings, axes brands
It comes after TWE recorded a near-$650 million loss in its fiscal first-half.
Treasury Wine Estates suffers heavy losses, pushes transformation
The group will evaluate its portfolio and look at finding $100 million per year in cost improvements from operations.
As Aussies cut back on drinking, Treasury Wines banks on NoLo growth
Industry discussion reflects a clear trend: Consumers are still drinking, but in more intentional ways.
Treasury Wine Estates creates a whole new wine subcategory with Sorbet
The new wine range blends traditional varietals with fruit flavours.
Treasury Wines shares slump as Penfolds seems to lose its lustre abroad
Penfolds sales in China have been weaker than expected due to changing consumption habits and a drop in large-scale banq...
Treasury Wine Estates sees sales growth underpinned by Penfolds
The group’s gross profit increased 15 per cent to $1.4 billion, with its gross profit margin rising to 48.6 per cent.
TWE secures new California distributor
Breakthru Beverage will handle the distribution of TWE’s Treasury Americas and Treasury Collective US portfolios.
TWE counts down to launching premium division
The division will bring together all of the company's premium brands across regions.
TWE invests $15 million in low- and no-alcohol wines facility
The new site features advanced dealcoholisation technology, including a patent-pending process.
Treasury Wine Estates loses California distributor
TWE stated that it was well-positioned to find an appropriate distribution channel in California.
Treasury Wine Estates names Sam Fischer as CEO and MD
Tim Ford will stay on as CEO and MD until the end of September to ensure a smooth transition.
US tariffs on Australian imports spark broader trade concerns
Prime Minister Anthony Albanese said Australia would not be changing its strict biosecurity controls on meat, because it...
TWE’s net profit up 32.5 per cent in first half
The company has decided to retain its commercial portfolio as the acquisition offers it received did not represent compe...
TWE to acquire 75 per cent stake in Stone & Moon Winery in China
TWE intends to transform the site to create a local brand home for Penfolds and boost its growth in China.
TWE reaches $65 million agreement over 2020 class action
TWE said that the settlement does not constitute admission of liability.
TWE’s revenue rises on improved Penfolds, Treasury Americas’ results
However, its net profit plunged 61.1 per cent to $98.9 million after write-downs.
Treasury Wine Estates to divest commercial brand portfolio
Australian household names Wolf Blass, Yellowglen, Lindeman’s, and Blossom Hill to go on the block.
TWE expects higher Penfolds sales after Chinese wine tariffs lifted
Penfolds estimates EBIT of $418 million to $421 million for this year.
Winemakers rush to rebuild brand presence in China after tariffs lifted
Treasury Wine Estates says it is taking “immediate action” to rebuild partnerships in China the tariffs on Australian wi...
