Treasury Wine Estates has decided not to offload its portfolio of "commercial" wine brands after failing to bag a satisfactory offer. In a statement today (13 February), the Australian group said ...

partly offset by weakness in Treasury Premium Brands. The country's top winemaker is present in three price segments — luxury (more than A$30 per bottle), premium (between A$10 and A$30) and ...

Treasury Wine Estates is increasingly focusing on building high-end brands in its portfolio, particularly in luxury and premium wine. With this focus, the company's revenue from higher-end wines ...

Why it matters: Guidance is at the bottom of the previous range of AUD 780 million-AUD 810 million, principally down to weak performance of cheaper wines in the Treasury premium brands segment.

(Reuters) - Penfolds wine producer Treasury Wine Estates pulled the ... But pre-tax profit from its "premium brands" unit, which includes its cheaper wine labels, halved, partly "reflecting ...

Treasury Wine Estates revealed its intention to sell the wines in August, as a result of a review of “the future operating model for its global portfolio of premium brands”. According to an ASX filing ...