Tag Archive: Treasury Wine Estates
Treasury Wine Estates Completes Deal For Bordeaux’s Chateau Lanessan
Treasury Wine Estates has completed its majority acquisition of Château Lanessan in Bordeaux from the Bouteiller family for an undisclosed sum. Continue reading →
Posted in News on October 20, 2022Treasury Sees Premium Wine Demand Solid Across Key Markets
After posting sales of A$2.5 billion ($1.7b) in its fiscal year through June, Treasury Wine Estates says it’s off to a solid start in its new fiscal year, with demand for premium and luxury wine remaining consistent across its key markets in the three months through September. Continue reading →
Posted in News on October 18, 2022Interview, Part 2: Treasury Wine Estates Americas President Ben Dollard
In the second part of our interview, Treasury Wine Estates Americas president Ben Dollard discusses the outlook for Penfolds in the U.S., the company’s distributor profile, e-commerce, and how he sees the wine industry evolving in the coming years. Continue reading →
Posted in News on September 20, 2022Interview, Part 1: Ben Dollard, President, Treasury Wine Estates Americas
Treasury Wine Estates’ sales registered A$2.5 billion ($1.7b) in the year through June, with the company benefiting from organic growth of 12% to A$963 million ($667m) in its Americas unit, which had volume of 8 million cases for the year. Continue reading →
Posted in News on September 20, 2022News Briefs for September 15, 2022
•Treasury Wine Estates’ 19 Crimes brand is launching Snoop Cali Gold, the franchise’s first sparkling wine. Continue reading →
Posted in News on September 15, 2022Treasury Wine Posts Yearly Sales Of $1.7 Billion Amid Premiumization Push
Treasury Wine Estates saw sales slip 1% on an organic basis to A$2.5 billion ($1.7b) in the year through June, as the company battled exorbitant tariffs in China and reshaped its portfolio toward the premium end of the market. Continue reading →
Posted in News on August 18, 2022
