Tag Archive: 19 Crimes
Treasury Wine Estates Posts Double-Digit U.S. Gains As Premiumization Effort Continues
Treasury Wine Estates (TWE) revealed a solid set of numbers for its U.S. and global businesses last night, with overall revenues up 4.4% to A$2.6 billion ($1.86b) and EBITS rising 3.5% to A$510 million ($366m), even as the company navigated the global pandemic and prohibitive tariffs in the key Chinese market. Continue reading →
Posted in News on August 19, 2021Imported Wine Remains Resilient Amid Tough Conditions
After a solid 3.7% depletions increase last year, imported table wine momentum has carried over into 2021 as year-to-date shipments advanced 10% to $1.9 billion (excluding bulk) for the six months ending in June, according to the U.S. Department of Commerce. Continue reading →
Posted in News on August 18, 2021Impact Databank: U.S. Wine Volume Projected To Decline In 2021, But Premium Brands Make Strides
After 27 consecutive annual gains, the wine industry in the United States is expected to suffer a 0.5% volume decrease this year, down to 335.4 million 9-liter cases—according to the recently released 2021 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on July 28, 2021Treasury Sees U.S. Picture Improve, Boosted By Retail Channel
Treasury Wine Estates posted net sales down 5.9% to A$1.4 billion ($1.1b) for its fiscal first half ended in December, with EBITS slipping 22% to A$284 million ($220m). Continue reading →
Posted in News on February 17, 2021Treasury’s 19 Crimes Brand Spurred By A New Offshoot, Snoop Cali Red
Since its launch in 2013, Treasury Wine Estates’ (TWE) 19 Crimes label has garnered a widespread following, boasting volume of more than 1.6 million cases, according to Impact Databank. Continue reading →
Posted in News on December 21, 2020News Briefs for April 16, 2020
•Treasury Wine Estates has announced a new extension for 19 Crimes, the first California-sourced wine for the brand. Continue reading →
Posted in News on April 16, 2020
