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Tag Archive: Penfolds

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, 2021

News Briefs for March 31, 2021

•O’Neill Vintners & Distillers is extending its Line 39 brand with a range of wine-based spritzers. Continue reading →

Posted in News on March 31, 2021

Wine Spectator: Penfolds’ Peter Gago Talks Blending California And Australia

The most famous Down Under winery has gone Up Above. Australia’s Penfolds recently unveiled its latest endeavor, a lineup of four California-based wines from vineyards in Napa, Sonoma, and Paso Robles. Continue reading →

Posted in News on February 25, 2021

Treasury 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, 2021

Wine Spectator: Penfolds Debuts California Collection

Australia’s Penfolds is perhaps best known for its Grange bottling, but the iconic winery doesn’t stand still. Continue reading →

Posted in News on February 16, 2021

Treasury Wine Eyes Restructure, As Leadership Change Looms

In case you missed last night’s news alert, Treasury Wine Estates has unveiled a plan to potentially spin off its Penfolds business into a separate company, with the goal of unlocking the luxury brand’s potential while accelerating the premiumization of the rest of the business. Continue reading →

Posted in News on April 8, 2020

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