Tag Archive: Beringer
Treasury 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, 2023Treasury 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, 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, 2022News Briefs for July 29, 2021
•Bacardi-owned Plume & Petal has entered the spirits-based RTD world with three new vodka-based cocktails. Continue reading →
Posted in News on July 29, 2021Interview, Part 2: The Wine Group CMO Jeff Dubiel
Last month, SND exclusively reported the launch of Franzia’s new Refreshers line of better-for-you wines, a key initiative for The Wine Group this year. Continue reading →
Posted in News on July 6, 2021Treasury Licenses 4.2 Million Cases Of U.S. Commercial Brands To The Wine Group
Treasury Wine Estates has taken a step in premiumizing its U.S. portfolio, agreeing to license several lower-end brands to The Wine Group in a long-term deal. Continue reading →
Posted in News on March 9, 2021
