Tag Archive: 19 Crimes
News Briefs for June 4, 2024
•Treasury Wine Estates has extended 19 Crimes into the RTD market with Snoop Dogg’s Cali Cocktails. Continue reading →
Posted in News on June 4, 2024Imported Wine’s Top Players Show Mixed Results, As $15-$25 Emerges As The Sweet Spot
Along with other wine segments, the import sector has struggled to make volume progress in the U.S. lately, with total imported table wine depletions down 3% to 67.1 million 9-liter cases last year, according to Impact Databank. Continue reading →
Posted in News on May 23, 2024Treasury Americas Looks To Second Half After H1 Decline
Treasury Wine Estates saw sales in its Americas unit decline 6.5% at constant currency to A$448 million ($291m) in the company’s fiscal first half through December, as volume dipped 7% to 2.8 million 9-liter cases. EBITS in the Americas division fell 23% at constant currency to A$93 million ($60m). Continue reading →
Posted in News on February 15, 2024Exclusive: California, Italy, New Zealand Lead “Hot Prospect” Wines
Each year Impact’s “Hot Prospects” list recognizes the up and coming smaller brands poised to make their mark on the industry looking ahead. Continue reading →
Posted in News on September 8, 2023Luxury Growth, Price Increases Boost Treasury Despite U.S. Sales Slip
Treasury Wine Estates saw net sales slip 2.2% to A$2.4 billion ($1.56b) in its fiscal year through June, as growth at the luxury end couldn’t offset declines in its Americas and commercial portfolios. Continue reading →
Posted in News on August 15, 2023Treasury Wine Sees Growth In Penfolds, Struggles At Lower End Ongoing
Offering an update on its business last night, Treasury Wine Estates said the divergence of fortunes at the upper and lower ends of the wine market are ongoing, with luxury brands like Penfolds prospering as the entry level continues to struggle. Continue reading →
Posted in News on May 25, 2023
