Tag Archive: Treasury Wine Estates
Exclusive: Treasury Relaunches Souverain, Adds New North Coast Wines
Treasury Wine Estates has revamped California wine brand Souverain, aiming to reinvigorate a label historically known as a reliable, value-oriented Sonoma producer. Continue reading →
Posted in News on February 11, 2014News Briefs for February 5, 2014
•U.S. fund manager Wellington Management has increased its stake in Treasury Wine Estates to 5.73%, making it one of the company’s largest shareholders. Continue reading →
Posted in News on February 5, 2014Exclusive: Treasury’s Fast-Rising Matua Takes Aim At On-Premise With New Upscale Tier
One of the fastest-growing brands in the vibrant New Zealand wine category, Treasury Wine Estates’ (TWE) Matua label was up 34% to 184,000 cases in the U.S. last year, according to Impact Databank. Continue reading →
Posted in News on February 3, 2014TWE Shares Resume Trading, But Fall Sharply After Downgrade
Treasury Wine Estates (TWE) shares resumed trading on the Australian Stock Exchange earlier today, but their price fell sharply after the company announced a $40 million profit downgrade for the current fiscal year following weak sales during the holiday season. Continue reading →
Posted in News on January 30, 2014Treasury Wine Halts Trading To Review First Half Results
Treasury Wine Estates (TWE) has suspended trading of its shares on the Australian Stock Exchange while it reviews its preliminary financial results for the six months through December, its fiscal first half. Continue reading →
Posted in News on January 28, 2014Exclusive: Treasury’s Chateau St. Jean Continues Strong Run, Closing 2013 Up Double-Digits
Sonoma’s Chateau St. Jean has been among the strongest performers in the Treasury Wine Estates (TWE) portfolio of late, earning Impact “Hot Brand” honors in 2012 after rising 18% to 525,000 cases. Continue reading →
Posted in News on January 6, 2014