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Tag Archive: Treasury Wine Estates

Treasury’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, 2020

As China Lodges Massive Tariffs On Australian Wines, TWE Will Focus Elsewhere

China has imposed preliminary anti-dumping tariffs ranging from 107% to 212% on Australian bottled wine imports, as trade tensions between the two countries continue to heighten. Continue reading →

Posted in News on November 30, 2020

Treasury Wine Estates’ Penfolds Demerger On Hold As Company Focuses On U.S., China

Treasury Wine Estates (TWE) is pausing its previously announced plan to demerge its Penfolds business as it sharpens its focus on restructuring in the U.S. and surfing tumultuous market conditions in China, where new tariffs are being threatened on Australian wines. Continue reading →

Posted in News on November 5, 2020

Treasury Looks To Refocus U.S. Business As Covid-19, Private Labels Cut Into Full-Year Sales

Treasury Wine Estates posted net sales down 6% to A$2.6 billion ($1.9b) for its fiscal year ended in June, as headwinds from Covid-19 and challenging conditions in the U.S. continued to weigh on the company’s business. Continue reading →

Posted in News on August 13, 2020

As Tim Ford Takes Command At Treasury, Company Outlines Challenges Ahead

Tim Ford officially became chief executive of Treasury Wine Estates on July 1, taking over for Michael Clarke. Continue reading →

Posted in News on July 9, 2020

News Briefs for June 17, 2020

•Treasury Wine Estates is introducing three new Central Coast wines under its St. Huberts The Stag brand. Continue reading →

Posted in News on June 17, 2020

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