Tag Archive: Treasury Wine Estates
Treasury Licenses 4.2 Million Cases Of U.S. Commercial Brands To The Wine Group
Treasury Wine Estates has taken a step in premiumizing its U.S. portfolio, agreeing to license several lower-end brands to The Wine Group in a long-term deal. Continue reading →
Posted in News on March 9, 2021Report: Pernod Ricard Considers Bid For Treasury Wine Estates
A report out of the U.K. over the weekend asserts that Pernod Ricard is either considering—or has already lodged—an acquisition offer for Treasury Wine Estates. Continue reading →
Posted in News on March 8, 2021Treasury 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, 2021Treasury Denies Report That It’s Planning To Demerge U.S. Business
Treasury Wine Estates (TWE) has denied a report out of Australia that it’s considering splitting its business into three parts. Continue reading →
Posted in News on February 8, 2021Treasury’s 19 Crimes Brand Spurred By A New Offshoot, Snoop Cali Red
Since its launch in 2013, Treasury Wine Estates’ (TWE) 19 Crimes label has garnered a widespread following, boasting volume of more than 1.6 million cases, according to Impact Databank. Continue reading →
Posted in News on December 21, 2020As China Lodges Massive Tariffs On Australian Wines, TWE Will Focus Elsewhere
China has imposed preliminary anti-dumping tariffs ranging from 107% to 212% on Australian bottled wine imports, as trade tensions between the two countries continue to heighten. Continue reading →
Posted in News on November 30, 2020