Tag Archive: Matua
Treasury Eyes Opportunities To Continue Building Luxury Range
Treasury Wine Estates offered an update on its business ahead of its annual general meeting today, with CEO Tim Ford saying the company has “continued to see long-term premiumization trends across the global wine category, despite the tightening economic environment, with luxury wine going from strength to strength in our key markets globally.” Continue reading →
Posted in News on October 16, 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 Estates: Luxury Brands Rise, But Softer Consumer Trends Impact U.S. Volume
Treasury Wine Estates has posted sales up 1.4% to A$1.28 billion ($894m) for its fiscal first half ended in December, with EBITS up 17% to A$308 million ($215m). Continue reading →
Posted in News on February 15, 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, 2022New Zealand Wines Hit New U.S. Record Despite Supply Challenges
Imported wines and spirits have been among the offerings hit the hardest by the global supply chain crunch, and bottlings from New Zealand have been no exception. Continue reading →
Posted in News on March 23, 2022
