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Friday 9 December 2016 loc: GB

Treasury Wine Estates

TWE files complaint to Tmall over ‘fake’ Penfolds

Treasury Wine Estates has filed a complaint to Tmall after discovering some of the site’s online “wine shops” were selling unauthorised Penfolds on Singles’ Day.

Thursday, November 17th, 2016 No Comments »

Treasury relaunches wine ‘for women’

Australian wine giant Treasury Wine Estates is relaunching an ex-Diageo wine brand made by and aimed at women.

Tuesday, November 8th, 2016 No Comments »

Accolade to invest in Australian bottling plant

Australian producer Accolade has announced plans to invest AU$40 million in a new bottling plant and warehouse in the south of the country.

Wednesday, October 12th, 2016 No Comments »

Treasury Wine Estates’ profits more than double

Treasury Wine Estates’ full-year net profits have more than doubled compared to last year, with its business said to be accelerating in all regions, according to its full year 2016 results.

Thursday, August 18th, 2016 1 Comment »

Australian Vintage issues profit warning following Brexit vote

Australian Vintage has issued a profit warning in the wake of the Brexit vote ten days ago.

Tuesday, July 5th, 2016 No Comments »

Treasury Wine Estates to offload 12 US wine brands

Australia’s Treasury Wine Estates is preparing to sell 12 of its US brands as part of a continued bid to refocus its efforts on the prestige market.

Monday, July 4th, 2016 No Comments »

Treasury consolidates US wineries

Treasury Wine Estates is consolidating its supply network in the USA in the wake of its acquisition of Diageo’s wine business.

Monday, June 6th, 2016 No Comments »

Treasury names new US head

Treasury Wine Estates has named Bob Spooner as its new head of operations in the Americas.

Wednesday, February 24th, 2016 No Comments »

Treasury posts 42% profit rise

Treasury Wine Estates’ strategy to up its premium offer appears to be paying off, with the company reporting a 42% rise in net profits in the first half.

Thursday, February 18th, 2016 No Comments »

Diageo completes £361m sale of wine brands

Diageo has completed the sale of its US-based Chateau & Estate Wines and UK-based Percy Fox to Australia’s Treasury Wine Estates in a deal worth £361 million.

Monday, January 4th, 2016 No Comments »

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