Tag Archive: Treasury Wine Estates
•Mega-retailer Kroger is doing away with its beverage alcohol “category captain” system and will instead tap Southern Wine & Spirits to oversee its shelf displays, according to a report in the Wall Street Journal. Continue reading →Posted in News on January 29, 2016
Treasury Wine Estates (TWE) has upgraded the profit forecast for its first half, as sharply rising demand for its Penfolds label in China has improved the outlook. Continue reading →Posted in News on January 21, 2016
Following Friday’s news that Treasury Wine Estates has created a new Chateau & Estate unit to house a host of luxury imported wines formerly handled by Diageo, SND has learned that the new TC&E’s total volume is approximately 15,000-18,000 cases. Continue reading →Posted in News on January 19, 2016
Following Treasury Wine Estates’ $600 million deal to acquire most of Diageo’s wine business late last year, SND has learned that TWE will also take on U.S. import rights for a number of prestigious European brands that Diageo formerly handled.
•Treasury Wine Estates has welcomed Côtes du Provence rosé brand Chateau Minuty to its import portfolio in the U.S. Continue reading →Posted in News on January 13, 2016
•Diageo has completed the $600 million sale of its Chateau & Estate wine business in the U.S., as well as Percy Fox in the U.K., to Treasury Wine Estates. Continue reading →Posted in News on January 4, 2016