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
Treasury Wine Estates
Treasury Wine Estates has launched a A$15 million dedicated facility for low- and no-alcohol wine production in South Australia’s Barossa Valley, marking a major investment in the growing global demand for lower-alcohol alternatives. Read More
While most traditional wine brands focus on heritage, terroir, and winemaking philosophy, Penfolds in China has flipped the script. Read More
Ningxia's Stone & Moon is now offically part of the Treasury Wine Estates family. Read More
Priced from HKD 738 to HKD 3,998 (US$ 94.81 to US$ 513.61), the collection will be available in Hong Kong starting in January. Read More
Established in 2017, how did the young Stone & Moon Winery capture the attention of the Australian giant Treasury Wine Estates (TWE)? Nicolas Billot-Grima, co-founder of Stone & Moon, shared his story.
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Australia's Minister for Trade and Tourism, Don Farrell, visited Treasury Wine Estates' office in Shanghai, in a strong show of force to boost wine cooperation between China and Australia following tariff removal in late March. Read More
Robert Foye, CEO of Accolade Wines, Australia’s second-largest wine producer, has announced his departure from the company. Read More
Treasury Wine Estates (TWE) has reported a 34.7% increase in sales revenue for its flagship brand, Penfolds, in the Asian market for fiscal year 2024, driven by strong growth in Thailand, Hong Kong, and Taiwan, as well as a recovery in mainland China during the fourth quarter. Read More
Penfolds has introduced its 2024 collection of latest vintage releases in both Beijing and Hong Kong, including a premium release named Bin 180, priced at RMB 7,288 per bottle, surpassing its iconic Grange. Read More