Shares of Treasury Wine Estates rose sharply after the company reported strong sales momentum in key markets, led by China, and unveiled a major organisational overhaul. Read More
Australia
After years of sustained decline, China’s wine import market is beginning to show early signs of stabilisation led by a rebound among major producers such as France and Australia. Read More
Australian wine producer Treasury Wine Estates reported its largest half-year net loss since listing, citing weaker conditions in the United States and China and the impact of measures to curb parallel imports. Read More
Treasury Wine Estates has scored a major courtroom victory in China, winning more than $10 million in damages after a years-long fight against a wine brand accused of mimicking its iconic Penfolds label. Read More
At least one winery in Australia’s Victoria region reports a 100% harvest loss as vineyards, homes and cellars are destroyed.
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After several subsequent purchases, European billionaire Olivier Goudet now holds approximately 5.05% of TWE. Read More
Australian Adelaide Hills winery Shaw + Smith has been named Winery of the Year in London by leading British wine critic Matthew Jukes, in conjunction with the release of his annual 100 Best Australian Wines list. Read More
ASC Fine Wines will become the exclusive importer and distributor of Jacob’s Creek in China from Jan. 1, 2026, in a deal that marks the relaunch of one of Australia’s most established wine brands in the market and the first major China move by newly formed wine group Vinarchy. Read More
Treasury Wine Estates said it is now “unlikely” to see a near-term improvement in sales in the United States and China - its two largest markets - and will cut hundreds of thousands of cases of shipments as inventories build up and pricing pressure intensifies. Read More
The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.
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