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Tag Archive: Penfolds

TWE’s Michael Clarke On What’s Next In The U.S.

After posting a sales increase of 10% to A$1.1 billion ($872m) in its Americas region during its fiscal year through June, Treasury Wine Estates intends to unleash a number of new initiatives in the U.S. market in the year ahead. Continue reading →

Posted in News on August 18, 2017

Australian Wine In The Midst Of An Upmarket Shift

Australian wine has faced an uphill climb in the U.S. for a long time, but lately there’s been progress at the above-$15 level. Continue reading →

Posted in News on August 8, 2017

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

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