Tag Archive: Penfolds
News Briefs for February 11, 2025
•Kendall-Jackson has partnered with artist and designer Victor Solomon to design wine labels co-branded with the NBA, of which the brand is the first official wine partner. Continue reading →
Posted in News on February 11, 2025News Briefs for November 26, 2024
•Michter’s 20 Year Old, Johnnie Walker Lunar New Year Edition, Macallan Harmony, and newcomers from Pendleton and Laws are among the offerings featured in Whisky Advocate’s latest weekly roundup. Continue reading →
Treasury Sees Strong Start To New Fiscal Year
Updating the market ahead of its annual general meeting, Treasury Wine Estates executives said today that the company has seen a strong start to its fiscal year ending next June, with first-quarter net sales increasing by double-digits on an organic basis, boosted partially by shipment phasing.
Treasury Wine Refocuses On China Business As Australian Wine Tariffs Lift
With China removing tariffs on Australian wine—which have devastated the category in the market the past few years—Treasury Wine Estates has announced a new plan to rebuild its position in the Chinese market. Continue reading →
Posted in News on March 28, 2024Luxury 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, 2023Exclusive: Treasury Wine Unveils Penfolds Collection, Set To Launch Next Month
Treasury Wine Estates is gearing up to launch its latest Penfolds Collection in the U.S. on August 3, including luxury offerings from California and Australia retailing from $40 up to $850 a bottle. Continue reading →
Posted in News on July 20, 2023
