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Tag Archive: Penfolds

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

TWE Sees Sales And Profits Improve In First Half, Despite Slightly Lower Volume

Treasury Wine Estates (TWE) is seeing some of its turnaround efforts bear fruit, with the company posting a 6% rise in net revenue to A$883 million ($690m) in the six months through December, the first half of its fiscal year. Continue reading →

Posted in News on February 27, 2015

Treasury, Refocusing Penfolds On The U.S., Unveils Latest Vintage Of Grange In New York

Earlier this year, Treasury Wine Estates shifted the annual release of its Penfolds luxury wines to October (replacing the previous dates of March and May) to bolster availability in the run-up to the holidays. Continue reading →

Posted in News on October 15, 2014

Treasury Wine Estates Said To Receive Formal Offers From KKR, TPG

Two private equity firms launched formal bids for Treasury Wine Estates (TWE) earlier today, according to Australian press reports. Continue reading →

Posted in News on September 26, 2014

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