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Wednesday 16 April 2014

Treasury Wine Estates

Treasury CEO set to slash portfolio

Treasury Wine Estates’ new CEO Michael Clarke has fuelled speculation that the group may sell off its Beringer brand as he confirmed an immediate need to cut costs.

Tuesday, April 8th, 2014 No Comments »

China ‘not the El Dorado we first thought’

Australian wine sales have fallen flat in China, with one producer admitting that the country is not “the El Dorado” the industry was hoping it to be.

Thursday, April 3rd, 2014 3 Comments »

New CEO takes on ‘beleaguered’ Treasury

One of the most challenging jobs in global drinks has gone to an executive with no experience of the wine industry.

Thursday, February 20th, 2014 1 Comment »

New CEO for Treasury

Michael Clarke has been named as the new CEO and managing director of Treasury Wine Estates.

Thursday, February 20th, 2014 No Comments »

US fund buys $25m of Treasury shares

US fund manager Wellington Management has spent AU$25m on shares in the struggling wine company Treasury Wine Estates.

Thursday, February 6th, 2014 No Comments »

Drinks profits slow as economy recovers

There is a dichotomy between the global economy moving out of recession and companies experiencing slowing profits growth.

Monday, February 3rd, 2014 No Comments »

Treasury Wine Estates’ profits plunge

More disappointment and pain for the long-suffering shareholders of Australia’s biggest wine producer, Treasury Wine Estates.

Thursday, January 30th, 2014 No Comments »

Treasury Wine Estates in trading halt

Shares in global wine giant Treasury Wine Estates have been placed in a trading halt today at the company’s request pending a review of its earnings.

Tuesday, January 28th, 2014 No Comments »

Top 10 Chardonnays over £20

From Spain to New Zealand, we pick out the highest performing medallists priced above £20 in the drinks business Global Chardonnay Masters 2013.

Wednesday, January 8th, 2014 No Comments »

Treasury facing legal action over dumping stock

Global wine giant Treasury Wine Estates is facing legal action from Australian shareholders after it was forced to write off six million bottles of wine in July due to oversupply.

Monday, October 28th, 2013 No Comments »

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