Business
Wine sales slump hits Treasury
Treasury Wine Estates shares fell sharply in early trade today after the company reported a 21 per cent fall in earnings for the 2020 financial year.
Business
Treasury Wine Estates shares fell sharply in early trade today after the company reported a 21 per cent fall in earnings for the 2020 financial year.
Business
Investment giant BlackRock has bought up more than $250 million worth of shares in Australia’s largest wine company in recent weeks.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
A Norwood-based wine company that used near-identical labelling to Penfolds on more than 1 million bottles of wine exported to China and failed to pay damages, has been forced into liquidation.
The world’s largest publicly listed winemaker has announced a huge investment in a winery northeast of Adelaide.
Treasury Wine Estates has raised a glass to shareholders, upping its interim dividend following a 15.1 per cent lift in first-half profit to $201.1 million.
Winemaker Penfolds is poised to produce wine for the first time overseas, turning out bottles of Shiraz and Cabernet sauvignon in California’s famous Napa Valley.
