Robert Foye promoted as CEO of Accolade Wines
Robert Foye has been promoted as CEO of Australia’s second largest wine group, Accolade Wines, less than three months afterContinue Reading
Tag: Treasury Wine Estates
Chinese ambassador threatens boycott of Australian wine
As Australia joins the US and Germany to call for an independent inquiry into the origin and spread of CoronavirusContinue Reading
TWE wins Penfolds’ Chinese trademark after 10 years of court battle
Australian wine giant Treasury Wine Estates has won the trademark rights to Ben Fu (奔富), the Chinese transliteration of itsContinue Reading
Treasury Wine Estates to demerge Penfolds
Australian wine giant, Treasury Wine Estates, is considering to demerge its flagship brand Penfolds by the end of 2021, aContinue Reading
TWE: wine consumption in China ‘significantly impacted’ by outbreak
After previously adjusting its earning forecast from 10-15% down to 5-10%, the Australian wine giant Treasury Wine Estates has nowContinue Reading
Australia wine exports to China drop 90% due to virus outbreak
Australian wine exporters to China have reported dramatic drops as much as 90% in the first two months of the year, due to the fast-spreading Covid-19 (coronavirus).
TWE and Baron Philippe de Rothschild end partnership in China
Australian wine giant, Treasury Wine Estates, and Baron Philippe de Rothschild have ended their partnership, which gives TWE exclusivity to import and distribute the latter’s wines including volume-driven brand Mouton Cadet for China, TWE has announced.
Treasury Wine Estates CEO to retire
Australian wine giant Treasury Wine Estates has announced that its chief executive Michael Clarke will retire in September next year, following more than 6 years at the helm of the company.
Penfolds launches ‘rare’ Bin 111A for 175th anniversary
Penfolds, the flagship brand of Australian wine giant Treasury Wine Estates, has launched a rare wine called Special Bin 111A that represents “the pinnacle of winemaking endeavour” to honour its 175th anniversary this year.
Fake Penfolds Grange uncovered in China’s Guangxi
A wine shop in Liuzhou in China’s southwestern Guangxi province is found to have sold fake Penfolds Grange and Penfolds Bin 707 that have caused health hazards to drinkers, local police has reported.