Treasury Wine Estates, the parent company of Penfolds, is looking to sell off its lower-end wine range including Wolf Blass, Lindenman’s amid declining global wine consumption. Read More
Wolf Blass
Treasury Wine Estates will shut down its Karadoc winery in Victoria amid rising operational costs and China's punitive tariffs that have made the wine giant's commercial wine operation "unstainstable" Read More
Australia's biggest wine company, Treasury Wine Estates, has issued a profit warning as much as 20% for its core earnings for fiscal year 2020 and withheld guidance for 2021 due to the coronavirus pandemic. Read More