After several subsequent purchases, European billionaire Olivier Goudet now holds approximately 5.05% of TWE. Read More
Australia
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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Established in 1829, Swan Valley is the birthplace of Western Australian wine and home to the region’s oldest surviving vines. Read More
As tariffs lift and Australian wine re-enters China, leading Australian wine importer Mega Wines confronts a transformed market defined by shrinking business demand, cautious distributors and shifting consumer tastes.
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Treasury Wine Estates’ shares fell to their lowest level in a decade last week after the company announced a A$687 million write-down on its U.S. operations. Read More
When people think of Western Australian wine, Margaret River inevitably comes to mind. Its Cabernet Sauvignons and Chardonnays are celebrated for their complexity, structure and … Read More
Treasury Wine Estates says its entire A$687 million U.S. goodwill is likely worthless — a stark sign of how sharply America’s wine market has cooled. Read More