Academia disgrace Treasury Wine Estates gamble

Academia disgrace Treasury Wine Estates gamble

Wine Australia wobbles Dr Liz Waters, general manager, RD&E, Wine Australia (WA), replies to TKR’s questions concerning the paper, ‘I like the sound of that!’ Wine descriptions influence consumers’ expectations, liking, emotions and willingness to pay for Australian white wines. By Lukas Danner, Trent E Johnson, Renata Ristic, Herbert L Meiselman and Susan EP Bastian. […]

France upset with Spanish wine looking French

France upset with Spanish wine looking French

France vs Spain  The winemakers of the southern French region of Montpellier are again up in arms about Spanish wine imports. According to the union, French consumers are being conned by Spanish wine dressed to look French on supermarket shelves.  It’s really down to the supermarket buyers who import the wine and retail it. All […]

Treasury Wine Estates French adventure

Treasury Wine Estates French adventure

Spreading the treasure Treasury Wine Estates (TWE) has announced it will launch a range of French wines targeted at the Chinese and general Asian market. It is certainly spreading the treasure. TWE is not giving anything away but has created plenty of speculation. Media reports say the range will consist of red wines from Bordeaux, […]

Liquid treasure for TWE, That Yellowtail ad

Liquid treasure for TWE, That Yellowtail ad

Liquid treasure Treasury Wine Estates (TWE) has released half-year results to 31 December. They prove there is treasure to be found in vinous liquid. The basic figures: Revenue: $1368 million, up 19.9 per cent Earnings before interest, tax, SGARA and material items (EBITS): $226.8 million, up 58.8 per cent Net profit attributable to members of […]

Accolade budget wine worth a bet

Accolade budget wine worth a bet

Budget wine worth a bet? An article worth reading in full can be found at BloombergGadfly. Written by David Fickling and published on 16 January, it is headed, “Budget wine will face a test of maturity with Accolade IPO.” Fickling writes: “Regardless of the debate about whether wine belongs in the gutter or the stars, […]

Key Report news for 2016, the year of?

Key Report news for 2016, the year of?

2016: the year of…? How can 2016 be summed up? Was it a year of progress, decline or stagnation? Below is a month-by-month account of 2016, seen through the reports in TKR. The italics are comments written on 21 December. JANUARY: Woolworths did not have the best of years [2015] and enters 2016 with its […]

Treasury Wine Estates class action, NZ twaddle

Treasury Wine Estates class action, NZ twaddle

Saving treasure Good news Treasury Wine Estates has fought off one of the two class action lawsuits filed against the winemaker after a $160 million write down and profit warning three years ago. The Federal Court ruled the actions brought by litigator Mark Elliott (Melbourne City Investments) was an abuse of the court process. The […]