Harpers Wine & Spirit Trade News

Rosemount aims to be perfect match for everyday meals

Published: 12 July, 2016

Treasury Wine Estates has launched a "food-centered" range of wines under its Rosemount brand in an effort to link wine to everyday meal occasions.

Treasury Wine Estates moves to consolidate its US businesses

Published: 03 June, 2016

Following the acquisition of the bulk of Diageo's US and UK wine business for £390 million in October, Treasury Wine Estates announced today it would be restructuring the US business.

Wolf Blass signs multi-year partnership with Manchester City FC in Asia

Published: 31 May, 2016

Treasury Wine Estates' Wolf Blass brand has signed a multi-year partnership deal to be the official wine partner of the Manchester City Football Club for Asia, Middle East, Africa and Mexico.

TWE to relaunch Blossom Hill new packaging with £2m summer marketing campaign

Published: 24 May, 2016

Treasury Wine Estates is launching a new £2 million summer marketing campaign called "Share a Little Loveliness" as part of a packaging redesign for Blossom Hill.

Q&A: Dan Townsend, general manager for Europe, Treasury Wine Estates

Published: 12 April, 2016

Following the announcement of the acquisition of Diageo's wine portfolio Dan Townsend talks about the integration of the business and its plans for the future.

Treasury Wine Estates strong H1 results show profits double

Published: 18 February, 2016

Treasury Wine Estates released its interim results for the first six months ending on 31 December, 2015 with net profits after tax more than doubling to AUD$87.6m and net sales revenue up 22%.

2015 year in review and hopes and fears for 2016: Dan Townsend, Treasury Wine Estates

Published: 29 December, 2015

Dan Townsend, general manager of Europe for Treasury Wine Estates, saw 2015 as very strong year at TWE and thinks that the reverse takeover of Matthew Clark by Conviviality "has the potential to be a real game changer in terms of the UK trading landscape." Townsend is most excited about the opportunities that lay ahead in 2016, but sees Duty as one of the toughest challenges that trade faces next year.

Treasury shutters two wineries in major cost-cutting move

Published: 22 October, 2015

Treasury Wine Estates has announced it is to close of its two wineries.

Treasury Wine Estates tipped as favourite to take Blossom Hill and Piat d'Or off Diageo's hands

Published: 01 October, 2015

Treasury Wine Estates has refused to comment on speculation that it is lining up an acquisition of Diageo's Blossom Hill brand and the rest of its wine business.

TWE team's walk for The Benevolent raises £25,000

Published: 18 September, 2015

A team from Treasury Wine Estates raised more than £25,000 for trade charity The Benevolent.

Sainsbury's works with new research centre to develop lower alcohol wines consumers want to drink

Published: 22 May, 2015

Sainsbury's has teamed up with the University of Adelaide to part-fund wine research at a new wine innovation centre in Australia that will look at developing lower alcohol wines.

Treasury Wine Estates stock recovering strongly, hitting a 52-week high

Published: 17 April, 2015

Treasury Wine Estates stock price hit a 52-week high this week peaking at AUD$5.89 per share before retreating and closing at $5.89.

Treasury mulls sale of Australian bottling and winery processing facilities

Published: 02 March, 2015

Treasury Wine Estate is considering selling some of its wine processing infrastructure in Australia to free up resources to invest in its brands.

Treasury Wine says progress is being made, despite profits tumbling nearly 60%

Published: 27 February, 2015

Treasury Wine Estates has seen profits tumble nearly 60% - but boss Michael Clarke insists the company is making progress in "resetting" the troubled business.

New Lindeman's wine packaging to hit shelves next month

Published: 19 February, 2015

Treasury Wine Estates' Lindeman's brand will start appearing on shelves with its new packaging from March onwards, with the refresh completed by May.

Treasury Wine Estates appoints Bob Spooner chief supply officer

Published: 14 January, 2015

Treasury's chief executive has appointed a former Premier Foods colleague to the role of chief supply officer at the wine firm's Australian headquarters.

Treasury Wine Estate's Dan Townsend becomes Benevolent chairman

Published: 12 January, 2015

Dan Townsend, UK chief of Treasury Wine Estates, will take over from Porter & Laker boss Chris Porter as new chairman of the Benevolent.

Treasury Wine Estates to slim down branded portfolio

Published: 16 December, 2014

Treasury Wine Estates is focusing its investment on 15 global umbrella brands, 20 international brands, and 20 local brands, out of its 80-strong portfolio.

Treasury Wine Estates 'extremely difficult' decision to close Ryecroft winery

Published: 10 November, 2014

Treasury Wine Estates has made the "extremely difficult" decision to close its Ryecroft winery in McLaren Vale in South Australia.

Major wine brands see double digit growth, says Mintel

Published: 07 November, 2014

Hardys, Lindeman's, Kumala and Casillero del Diablo have all posted double-digit value growth in a flat market, according to the latest wine report from Mintel.