Tag Archives: Treasury Wine Estates

Treasury Wine Finds Growth After China

When China doubled the tariff on Australian wine, it effectively closed that market to Australian producers.  For Treasury Wine Estates, that move has proven to hurt just a bit, with reported EBITS down 7%.  But excluding sales to Mainland China, … Continue reading

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Treasury Wine Commits to 100% Electric Power by 2024

Treasury Wine Estates Ltd (TWE) said it is joining the RE100 global renewable power  initiative as part of the premium wine company’s commitment to switch to 100% renewable electricity by 2024 across its global operations. TWE’s luxury wines including Penfolds … Continue reading

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RNDC to Rep Treasury Wine in 9 More States

Treasury Wine Estates Ltd (TWE), said it entered a long-term distribution agreement with Republic National Distributing Co. (RNDC). The agreement will cover distribution in multiple markets, effective as early as July 1st, 2021 in  California, with other states including Texas, … Continue reading

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Treasury Wine Estates Taps Wine Group for Some U.S. Sales

Brands involved in the long-term licensing agreement are Beringer Main & Vine, Beringer Founders Estate, Coastal Estates and Meridian brands.  Terms weren’t disclosed. Treasury Wine Estates said Beringer remains a core brand within the TWE portfolio and it hasn’t any … Continue reading

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In Wake of China’s 200% Tariffs on Australian Wine, Parliamentarians Urge Citizens to Support Australia

Members of parliaments from 19 countries around the world, including the U.S., have urged their citizens to “stand against authoritarian bullying” and drink Australian wine this month. It’s a response to tariff ranging from 107% to 200% imposed on Australian … Continue reading

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19 Crimes Expand Line, Launches ‘Snoop Dogg Red,’ Its 1st California Wine

19 Crimes, the first winery that used augmented reality to bring their labels to life, announces a multi-year partnership with Snoop Dogg, launching 19 Crimes first California wine, Snoop Cali Red.  The line expansion will cast a contemporary lens on … Continue reading

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