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#treasury wine

Every story tagged #treasury wine on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

winery
Food
2 min read

Treasury Wine Estates boosts profit despite being shut out of China

Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset a hit from hefty Chinese tariffs on Australian wine. The world’s biggest standalone winemaker has been re-directing supply of its…

winery
Food
2 min read

Treasury Wine shares surge as post-China focus begins to pay off

Treasury Wine Estates said on Wednesday its operating earnings outside mainland China jumped 28per cent, underpinned by growth in its luxury and premium brands, sending shares of the world’s largest standalone winemaker nearly 12per cent higher. Treasury has…