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Treasury Wine Estates

Treasury Wine Estates Archives

Treasury unveils support plan for staff impacted by domestic violence

Treasury Wine Estate has pledged to help prevent and respond to domestic and family violence impacting its team members.

Treasury Wines shuffles US wines with acquisition of Frank Family Vineyards

According to the business, the US$315 million acquisition signifies TWE’s new approach to capital allocation in the regi...

Treasury Wine Estates raises a toast for 2022 with bets outside China

The company "is positive on outlook across its key markets outside mainland China" for fiscal 2022.

Chinese ‘investigation’ into wine dumping leads to five-year duty ruling

China’s final determination does not result in any change to Treasury's plans to expand into other markets.

Treasury Wine Estates to restructure as China tariffs bite

Company said it is growing confident it can reroute its Penfolds Bins and Icon luxury ranges from China to other markets...

Bubblies set to boost Australian wine market growth

Wine sales are set to reach US$8.7 billion in 2024, with sales of sparking wines tipped to grow fastest.

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

The company expects demand for its products to be "extremely limited" following the levy.

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 betw...

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 ...

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".

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.

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 Austra...

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.

Treasury Wine wants ASIC to probe report

Report alleges the company's profits may have been inflated by as much as 50 per cent over the past two years.