News

AUS/US: Treasury Wine Estates to take US$145m hit on US stock clear-out

Most popular

Could a Pernod offload revolutionise wine?

The just-drinks Analyst returns

Why drinks companies will struggle to break Gen Z

Wine's race to the top - whither value?

How to ride the 'Gen Z' wave in the on-premise

MORE

Treasury Wine Estates (TWE) has announced plans to destroy its old and out-of-date stock in the US, which it estimates will result in a AUD160m (US$145.7m) hit to fiscal 2013 pre-tax profits.


Related Content

Treasury Wine Estates to keep European bulk wine bottling in UK - ProWein 2019

Treasury Wine Estates to keep European bulk wine bottling in UK - ProWein 2019...

How did Treasury Wine Estates perform in H1 fiscal-2019? - results data

How did Treasury Wine Estates perform in H1 fiscal-2019? - results data...

Treasury Wine Estates looks to

Treasury Wine Estates looks to "transform" US routes-to-market ahead of M&A push...

Treasury Wine Estates performance trends 2014-2018 - results data

Treasury Wine Estates performance trends 2014-2018 - results data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?