Michael Clarke, the chief executive of Australia’s Treasury Wine Estates, has been paid over £2 million for his first full year leading the Penfolds and Wolf Blass producer.
Treasury Wine Estates is embracing the “evolving” market of Asia as last week’s results revealed profits for the region were up 52%.
Winemakers in McLaren Vale have moved one step closer to producing a collaborative blend which they believe could rival Penfolds’ Grange in quality.
db dines on Parmesan-dusted chips, rib-eye steak with wild garlic butter and a divine baked brioche with a chive, olive oil and salt dip at STK London.
Although the Liv-ex Fine Wine 1000 declined in February, the “Rest of the World 50” continues to rise – buoyed by Taylor’s Port.
Treasury Wine Estate’s chief executive, Michael Clarke, has said that fiscal 2015 has “begun well” for the long-troubled Australian wine company.
India’s leading luxury hotel group, the Taj, has launched a new fine wine collection to meet growing demand in the country.
Viña Maipo’s chief winemaker, Max Weinlaub, is so passionate about Syrah, he aspires to make the Chilean equivalent of Australian icon wine Penfolds Grange.
Treasury Wine Estates could “retire” up to 25 brands to focus on its high-end ranges, the company’s chief executive has told shareholders.
Troubled drinks giant Treasury Wine Estates is to shut its Rosemount Ryecroft winery in Australia’s McLaren Vale as part of a cost-cutting initiative.
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