Treasury Wine Estates appears to have absorbed the shock from China’s punitive tariffs and “is positive on outlook across its key markets outside mainland China” for the year 2022, the company has announced in its latest 2021 annual report. Read More
Treasury Wine Estates
China has announced its decision to impose up to 218.4% tariffs on Australian wines for a period of five years. Read More
Australian wine giant Treasury Wine Estates' stock prices rose 8% on news of a potential buy-out from France's biggest drinks and beverage owner, Pernod Ricard. Read More
Australian wine giant Treasury Wine Estates' head of Europe, Middle East and Africa (EMEA) department has resigned two years on the job. Read More
Global pandemic coupled with China's crushing anti-dumping tariffs on Australian wines have shaved off 24% of profits for Australian wine giant, Treasury Wine Estates, parent company of Penfolds. Read More
An inter-provincial police operation led by Guangzhou police has seized the biggest haul of fake Penfolds in China, with wines worth over US$20 million. Read More
Treasury Wine Estates has announced today that it will pivot towards other luxury markets to offset its loss in China and hints at opening a new production base in the country. Read More
China has announced today that it will slap up to 212% temporary anti-dumping tariff on Australian wine exports starting from this Saturday. See the full list of tariffs levied on each Australian company here. Read More
Australian wine giant Treasury Wine Estates has officially halted its plan to demerge its most popular wine brand, Penfolds, as its biggest export market China mounts tariff threats and wine ban. Read More
In this explainer, we laid out all the facts surrounding China's shocking ban on Australian wine imports, as well as reactions from Australian, Chinese governments, importers, logistics companies and wineries. Read More