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Tag Archive: Treasury Wine Estates

Treasury Lifts Penfolds Sales With Vintec Promotion

Treasury Wine Estates (TWE) has boosted sales of its flagship Penfolds brand this month, thanks to a successful promotion with Vintec wine refrigerators in its home market of Australia. Continue reading →

Posted in News on July 29, 2014

Exclusive: Treasury’s Rising Chateau St. Jean Unveils Lightly-Oaked “Bijou” Chardonnay

One of the bright spots amid a tough period for Treasury Wine Estates lately has been the strong performance of Sonoma winery Chateau St. Jean. Continue reading →

Posted in News on July 22, 2014

Treasury Rumors Continue To Fly, With LVMH Added To List Of Potential Suitors

While Treasury Wine Estates has declared its fiscal year starting in July as a “reset year” in which the company will amp up marketing activities and attempt a turnaround, rumors about a possible sale of the group continue to swirl. Continue reading →

Posted in News on June 26, 2014

Treasury Announces Impairment Charge And Change In Release Date For Penfolds

Treasury Wine Estates said it will recognize a non-cash brand and related-asset impairment of up to A$260 million (after tax, unaudited), or US$244 million, for fiscal 2014. Continue reading →

Posted in News on June 25, 2014

News Briefs for June 23, 2014

•Constellation Brands has tapped former Treasury Wine Estates executive Sam Glaetzer as managing director of its New Zealand operations, effective July 14. Continue reading →

Posted in News on June 23, 2014

Treasury Spurns $2.9B Takeover Bid By Private Equity KKR

Treasury Wine Estates (TWE) has rejected a A$3.05 billion ($2.9 billion) takeover offer from private equity firm KKR & Co., but says it will continue to engage with interested suitors. Continue reading →

Posted in News on May 20, 2014

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