Tag Archive: Australia
Dearie Responds To Treasury’s Board In Wake Of Firing
Former Treasury Wine Estates CEO David Dearie has responded to criticism leveled at him by Treasury’s board at the time of his ouster last month. Continue reading →
Posted in News on October 31, 2013Pernod Revamps Jacob’s Creek In Bid To Move Upmarket
Pernod Ricard will raise prices on Jacob’s Creek by about a dollar in the U.S. starting next March in tandem with a repack of the brand, according to reports out of Australia. Continue reading →
Posted in News on October 30, 2013Exclusive: Treasury Americas To Debut Pepperjack, Australia’s Top Selling Red Wine By Value
Treasury Wine Estates is set to launch a new super-premium Australian brand in the U.S. The label, called Pepperjack, will hit national distribution November 1. Continue reading →
Posted in News on October 16, 2013Treasury Profits, Share Price Hit By Plan To Cut U.S. Inventory, Take A$160M Writedown
Treasury Wine Estates’ plan to slash its inventory in the U.S. market and take an A$160 million ($145.7m) writedown sent its share price spiraling downward earlier today. Continue reading →
Posted in News on July 15, 2013Yellow Tail Producer Casella Secures Funding As Aussie Dollar Weakens
Australia’s Casella Wines, producers of top imported wine brand Yellow Tail, has secured two years of funding from the National Bank of Australia, easing its financial concerns. Continue reading →
Posted in News on July 9, 2013Australia’s Grape Harvest Up Sharply, Additional Pricing Pressure Looms
Australia’s grape harvest is up by double-digits, threatening the upward pricing momentum the category has enjoyed recently after years of struggle. Continue reading →
Posted in News on July 1, 2013
