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

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

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

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%

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

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

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

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

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

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

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.

Treasury loses Jon Rosenthal to Concha y Toro

Concha y Toro UK has hired Jon Rosenthal from Treasury Wine Estates to take on the newly-created role of sales director.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

TWE focuses on travel retail's $1 billion growth opportunity in wine

Treasury Wine Estates has identified a $1 billion opportunity to grow wine sales in the global travel retail sector and has strengthened its travel retail sales team to capitalise on the potential growth.

Treasury and Mast- Jägermeister join Portman Group

Treasury Wine Estate's to drive premium wines in the convenience sector

Treasury Wine Estates will continue to focus on the opportunity and potential for premiumising wines in the convenience sector through the festive trading period and into 2015.

Treasury's Lindeman's wine brand gets new look

Treasury Wine Estates is overhauling its Lindeman's wine range to reflect the brand's 170 years of heritage.

Treasury Wine Estates turns down private equity bids

Treasury Wine Estates has rejected two offers from private equity bidders in favour of continuing as a standalone company.

Treasury Wine Estates may delay AGM due to possible takeover

Treasury Wine Estates announced that it would most likely be postponing its Annual General Meeting (AGM) that is scheduled to be held on 30 October, 2014 to a later date so shareholders could vote the same day as the AGM to potentially consider a possible takeover.

Treasury Wine Estates annual results show net loss of over AUD$100m for 2014

Treasury Wine Estates posted a net loss of AUD$100.9 million with net profits tanking, down by 33% for the year to June 30, 2014.

Australian wine Wolf Blass builds sporting links with new campaign

Australian wine brand Wolf Blass is building on its sporting links with a new marketing campaign called Above Beyond.