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Tag Archive: Penfolds

Exclusive: TWE Looks To Boost Penfolds’ U.S. Profile With Super-Premium Max’s Range

Treasury Wine Estates (TWE) is launching a new super-premium wine range in the U.S. market, Penfolds Max’s, looking to increase the stateside presence of one of its most prestigious brands. Continue reading →

Posted in News on May 18, 2017

Interview: Treasury Wine Estates CEO Michael Clarke

Earlier this week, Treasury Wine Estates posted a strong set of results for its fiscal first half ended in December, with net sales jumping 20% to just under $1 billion and EBITS surging nearly 60% to $173 million. TWE’s Americas region was a key contributor, with volume growing 13% to 7.9 million cases and revenue up 26% to $433 million. Following the results announcement, SND deputy managing editor Daniel Marsteller caught up with TWE chief executive Michael Clarke to discuss the group’s plans for the second half of its fiscal year and beyond. Continue reading →

Posted in News on February 17, 2017

Impact Seminar: Treasury And E.&J. Gallo On Premiumization Plans

With premium wines showing robust growth in the U.S. market, it’s no surprise that some of the industry’s biggest players are ramping up their efforts at higher pricing tiers. Continue reading →

Posted in News on March 18, 2016

Exclusive: Treasury Wine Estates Posts 11% Sales Growth In First Half

Treasury Wine Estates has revealed a strong set of results for the six months through December, marking the first half of its fiscal year. Continue reading →

Posted in News on February 18, 2016

TWE To Acquire Diageo’s Wine Business For $600 Million

Treasury Wine Estates (TWE) has made another major move in its ongoing rejuvenation project, agreeing to acquire the majority of Diageo’s U.S. and U.K. wine interests for $600 million. Continue reading →

Posted in News on October 14, 2015

Impact Seminar Snapshot: Treasury Wine’s Clarke On The Globalization of Wine Marketing

As managing director and CEO of Treasury Wine Estates, one of the wine industry’s most geographically diverse marketers, Michael Clarke was well placed to address the topic of “The Globalization of Wine Marketing” at the recent Impact Marketing Seminar. Continue reading →

Posted in News on March 25, 2015

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