Treasury Wine Estates
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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...
Treasury Wine Estates’ net profit declines amid lower sales
The company's net profit fell 11.4 per cent to $166.7 million while revenue stood at $1.28 billion.
Treasury Wine Estates pays $1.4 billion for luxury US winery Daou
The acquisition will provide a scale to support TWE's future standalone Treasury Americas Luxury division.
Expedited tariff review in China sparks hope for TWE and Australian wine
This development comes as the country seeks to mend economic relations with China, with the review expected to extend fo...
TWE combines wine and sake in new Sun Monkey
Sun Monkey comes in two sake-infused flavours namely Shiraz Grenache and White Blend, both sold at 750ml.
Treasury Wine Estates activates Australia’s largest winery solar installation
Featuring almost 6000 solar panels – at the Barossa site alone – the solar systems are expected to produce more than 550...
Treasury Wines to shut Victorian winery and sell vineyards
TWE chief supply officer Kerrin Petty said the decision to close its Karadoc winery was a “last resort” after the compan...
Treasury Wine Estate explores sale of non-premium labels
TWE’s CEO, Tim Ford, said the business is “proactively” assessing its performance, structure and cost base to deliver on...
Luxury wine boom boosts Treasury Wine Estates earnings
The winemaker and distributor attributed its growth to the surge in luxury wine consumption, price increases across seve...
TWE buys majority stake in French winery Chateau Lanessan
The acquisition is expected to double the company’s French production capacity for its Penfolds brand.
Treasury Wine Estates boosts profit despite being shut out of China
CEO Tim Ford said the results reflect the “fundamental strengths” of its global business and the flexibility of its core...
Inside Penfolds’ ‘space-capsule’ pop-ups taking off across Southeast Asia
The ‘Terminal 1844’ pop-ups will feature wine tastings, dance performances, and interactive activities, and will be them...
TWE plans Australia’s largest winery solar installation
The Barossa Winery and Production Centre in South Australia and Karadoc Winery in Victoria are the first estates to be i...
Treasury Wine Estates opens $165 million mega wine plant
The new wine plant is estimated to produce more than 100 million litres of wine annually.
