Tag Archive: 19 Crimes
Market Watch Honors The Nation’s Top Retailers At Its Annual Leaders Awards Dinner
SND sister publication Market Watch magazine saluted the nation’s top spirits and wine retailers last night at the annual Leaders Awards Dinner, which was held at The Pierre Hotel in New York City. Continue reading →
Posted in News on September 30, 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, 2022Australian Wine Category Premiumizes As Overall Volume Declines
Australian table wine export shipments to the U.S. were down 8% to 8.1 million 9-liter cases last year, excluding bulk. Continue reading →
Posted in News on March 17, 2022Treasury Wine’s Reshaped Americas Business Drives Luxury Growth
Treasury Wine Estates’ strategy to revamp and premiumize its Americas unit appears to be bearing fruit. Treasury Americas saw net sales revenue increase 13.6% on an organic basis to A$466 million ($333m) in its fiscal first half through December, while EBITS surged 46% to A$85 million ($61m). Continue reading →
Posted in News on February 16, 2022