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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.
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, 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.
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.
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates.
Treasury Wine Estates, the parent company of Penfolds, has successfully opposed the registration of two trademarks ‘Barry Ford’ and ‘Ben Ford’ in China that were intended to mimic Penfolds’ trademarked name in China.
A bombshell report by Australian Financial Review alleges that Treasury Wine Estates’ former star employee in China, Peter Dixon, is beingContinue Reading
Australia’s renowned wine brand Penfolds has unveiled three different Champagnes that it has created in collaboration with family-owned Champagne house Thiénot to mark its 175th anniversary.
Australian wine export value to its most profitable market China continues to rise in the 12 months ended in March 2019 despite a 14% drop in volume.