Tag Archive: Penfolds
Treasury Sees U.S. Picture Improve, Boosted By Retail Channel
Treasury Wine Estates posted net sales down 5.9% to A$1.4 billion ($1.1b) for its fiscal first half ended in December, with EBITS slipping 22% to A$284 million ($220m). Continue reading →
Posted in News on February 17, 2021Wine Spectator: Penfolds Debuts California Collection
Australia’s Penfolds is perhaps best known for its Grange bottling, but the iconic winery doesn’t stand still. Continue reading →
Posted in News on February 16, 2021Treasury Wine Eyes Restructure, As Leadership Change Looms
In case you missed last night’s news alert, Treasury Wine Estates has unveiled a plan to potentially spin off its Penfolds business into a separate company, with the goal of unlocking the luxury brand’s potential while accelerating the premiumization of the rest of the business. Continue reading →
Posted in News on April 8, 2020News Alert: Treasury Considers “Demerger” Of Penfolds Business
Treasury Wine Estates is eyeing a potential “demerger” of its Penfolds business, which would create a new company for the Australian luxury wine brand. Continue reading →
Posted in News on April 8, 2020Interview, Part 2: Treasury Wine Estates COO Robert Foye And CMO Michelle Terry
In the second part of our interview, Treasury Wine Estates COO Robert Foye and CMO Michelle Terry discuss the recent overhaul of the company’s route-to-market as well as its plans to raise the profile of its iconic Penfolds brand in the U.S. Continue reading →
Posted in News on September 12, 2018Treasury Unveils Big Plans For Penfolds, Including Napa-Sourced Wines
Penfolds, one of Australia’s most iconic wines, is lining up a number of new initiatives for its portfolio—including the addition of Napa Valley-sourced wines. Continue reading →
Posted in News on July 3, 2018