Treasury Wine Estates has warned of a slowdown in stock depletion in China since June, as tighter alcohol restrictions and changing drinking habits dent sales momentum in its biggest Asian market. Read More
Tim Ford
Treasury Wine Estates named Sam Fischer as its next chief executive officer, replacing Tim Ford after a five-year tenure that saw the company navigate pandemic disruptions, trade tariffs, and a strategic overhaul of its wine portfolio. Read More
The deal, valued at RMB 130 million (US$17.9 million), is TWE's latest strategic push to expand local wine production in China. Read More
Treasury Wine Estates, Australia's largest wine producer, plans to increase its workforce in China by two-thirds this year following re-entry into its biggest export market. Read More
More than a hundred of employees at Treasury Wine Estates staged a protest to demand better pay in response to costs of living crunch and China reopening hopes. Read More
China and Australia had a full and frank meeting in Singapore for the first time in 3 years, while ironically drinking an Australian white wine. Read More
The Australian wine giant Treasury Wine Estates (TWE)’s plan to make Chinese Penfolds to bypass China’s punitive tariffs on Australian wine was met with doubts and skepticism from Chinese analysts and industry insiders, in a recent article published by state-owned media. Read More