Treasury reports net profit after tax of AUS$42m
Treasury Wine Estates (TWE) has reported a net profit after tax of AUS$42.3 million for the full year. Earnings before interes and tax (EBITs) stood at $209.2m. Net sales revenue was up 1.9%.
Treasury to move into travel retail
Treasury Wine Estates (TWE) has announced its intention to build its presence as a leader in the global travel retail (GTR) sector.
Treasury appoints Grant to head up Beringer
Treasury Wine Estates has appointed John Grant as managing director of its Beringer Brand Business Unit.
Treasury and Accolade pack for each other
Treasury Wine Estates and Accolade Wines has announced that TWE will pack wine for Accolade in Australia with Accolade will pack wine for TWE in the UK.
Comment
Bottled cocktails: The dos and don'ts
Pre-made cocktails have always carried a stigma, which I find odd. The romance of watching bartenders make drinks from scratch left pre-batched cocktails feeling cheap to many consumers, but lockdowns have forced this attitude to change.
