Sam Fischer, chief executive officer of Treasury Wine Estates Ltd., in Sydney, Australia, on Thursday, June 4, 2026. Shares in Australian vintner Treasury Wine jumped by the most in six weeks after it unveiled plans to review its long-troubled US operations and said it would focus on securing its position in the luxury segment. Photographer: Brent Lewin/Bloomberg via Getty Images

Treasury Wine Estates has begun a review of its business in the Americas and set out plans to significantly cut its product range.

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