Treasury Wine Estates Archives - Inside FMCG

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.

Treasury Wine Estates cuts guidance amid aggressive US market conditions

Growth of private labels, disruptive leadership changes and aggressive market pricing in the US have impacted the Australian wine business.

This week in FMCG

The top FMCG news from this week.

Treasury Wine Estates CEO to retire

Michael Clarke will retire as CEO next year with Tim Ford to take up the position.