Treasury Wine Estates could “retire” up to 25 brands to focus on its high-end ranges, the company’s chief executive has told shareholders.
Chief executive Michael Clarke has retaliated against criticism from small retailers, saying they are too quick to get upset when big outlets get better deals.
Treasury Wine Estates is looking to water vines underground and increase fermentation capacity to help mitigate the impact of climate change on its vineyards.
Matua Wines has been announced as the official wine for the upcoming 2015 Cricket World Cup.
Heathrow is one of the world’s busiest airports and, as a result, sells a serious amount of wine. Here are the top 10 wines sold by value.
Treasury Wine Estates has announced it has ceased its discussions with the American equity firm that had put forward a takeover bid.
Australia’s Treasury Wine Estates has received formal takeover offers from two private equity firms, according to the Australian Financial Review.
The man behind Treasury Wine Estates has called the company’s US venture a “nightmare from day one” urging whoever takes it over to sell it.
Australia’s Treasury Wine Estates has received a second multi-billion-dollar offer, sparking a bidding war for ownership of the troubled wine company.
InterContinental Hotels in China has dropped Australian brand Penfolds from its wine lists over fears of being embroiled in a trademark battle.
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