Maria SantosFood
South Australia Launches $109 Million Wine Sector Rescue Package
A $100 million concessional loan facility forms the core of South Australia’s funding package to tackle vineyard oversupply and rebuild export momentum.
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penfolds
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Maria SantosFood
Treasury Wine Estates Sells Seppelt Winery to Stonier Owners
The Melbourne-based wine group offloaded its 160-year-old Victorian assets to Aaron Drummond and partners to secure 100 million dollars in planned savings.
Aiko TanakaFood
Global FMCG Brands Reshape Experiential Deals Across Asia-Pacific
Wine label Penfolds and personal care group Procter & Gamble are overhauling major event sponsorships to drive consumer trial and retail volume.
Rajiv MenonFood
Treasury Wine Estates Records Robust Financial Growth; Penfolds Brand Sales Surge 7.3%
Treasury Wine Estates (TWE) has seen a substantial growth pattern in its financial performance for the present fiscal year. The company’s net group sales have experienced a 7.2% increase, elevating the figure from $2.7 billion to $2.9 billion. Growth in…