Treasury Wine Estates

TWE and Tmall to drive Mouton Cadet sales in China

Treasury Wine Estates has teamed with online retailer Tmall to drive sales for Baron Philippe de Rothschild’s Mouton Cadet and Escudo Rojo brands in mainland China.

Core markets ‘outperforming expectations’ for TWE

Treasury Wine Estates has released its interim 2018 financial result, with reported net profit after tax up 37% to AU$187.2 million, with core markets “outperforming expectations”.

Profits soar at Chinese online retailer

China’s online alcoholic beverage retailer has reported a net profit increase of 51% in 2017, bolstered by strong online and offline beverage sales, the Sichuan-based company has announced.

China’s Alibaba shuts down 240k ‘shops’ for selling fakes

China’s biggest e-commerce company Alibaba has reportedly shut down over 240,000 shops for selling counterfeit products from designer bags to fake wines on its platform in 2017

The week in pictures

September 15th, 2017

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