Tag Archive: Treasury Wine Estates
News Briefs for September 15, 2022
•Treasury Wine Estates’ 19 Crimes brand is launching Snoop Cali Gold, the franchise’s first sparkling wine. Continue reading →
Posted in News on September 15, 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, 2022Treasury Wine Estates Eyeing Champagne, Sparkling Wine Acquisitions
Treasury Wine Estates is aiming to bolster its portfolio in the sparkling wine category. Continue reading →
Posted in News on May 4, 2022Australian Wine Category Premiumizes As Overall Volume Declines
Australian table wine export shipments to the U.S. were down 8% to 8.1 million 9-liter cases last year, excluding bulk. Continue reading →
Posted in News on March 17, 2022Treasury Wine’s Reshaped Americas Business Drives Luxury Growth
Treasury Wine Estates’ strategy to revamp and premiumize its Americas unit appears to be bearing fruit. Treasury Americas saw net sales revenue increase 13.6% on an organic basis to A$466 million ($333m) in its fiscal first half through December, while EBITS surged 46% to A$85 million ($61m). Continue reading →
Posted in News on February 16, 2022Treasury Wine, Snoop Dogg Expand Partnership Globally
Treasury Wine Estates has expanded its partnership with rapper Snoop Dogg and the company’s 19 Crimes brand. Continue reading →
Posted in News on December 14, 2021
