Drinks - Australia

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic...

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic conditions...

Treasury Wine To Resume Distribution In China After Import Tariffs End

Treasury Wine Estates has announced that it plans to resume the distribution of some of its products in China, after the Chinese Ministry of Commerce said...

Sam Glaetzer To Lead Constellation Brands' Wine And Spirits Division

Constellation Brands has appointed Sam Glaetzer as the company’s new executive vice president and president of its wine and spirits division, succeed...

Australian Wine Makers Bet On Expected China Reopening With Big Shipments

Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine.

Treasury Wine Says It Is Ready To Ship Australian Bottles To China

Shares of Treasury Wine Estates shot to a three-month high after the company, one of the world's biggest wine makers, said core profit met expectations and...

Naked Wines Slashes Annual Forecast, CEO Steps Down

Naked Wines slashed its annual revenue and profit forecasts and said chief executive officer Nick Devlin will leave the online wine seller as it bleeds cus...

Australia's Treasury Wine Shares Tumble On Discounted Fundraising For DAOU Buyout

Shares of Treasury Wine Estates fell more than 11% on Friday after the top Australian winemaker undertook a round of discounted capital raising to fund its...