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
TWE
A landmark trademark infringement case involving Australian wine giant Treasury Wine Estates (TWE) and its flagship Penfolds brand has been officially recognised by China’s Supreme People’s Court (SPC). Read More
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
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.
Read More
Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market China, according to the latest data released by Wine Australia. However, the trade association also cautions if the growth can sustain. Read More
TWE has agreed to a AU$65 million (US$43.47 million) settlement to resolve a class action alleging the company breached its continuous disclosure obligations and provided misleading earnings guidance following a downgrade in 2020. Read More
Last week's meeting between Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping in Bali raised hopes for Australia's wine industry. Read More
First made-in-China Penfolds will be released exclusively for the Chinese market in coming months, as Penfolds aims to play a meaningful role in Chinese wine industry to skirt tariffs. Read More
Penfolds, the Australian flagship brand from Treasury Wine Estates, has announced the final release of its ultra premium "g" series trio - g5 - blending five vintages of Granges, following the launch of Penfolds g3 and g4 in 2017 and 2020 respectively. Read More