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Treasury Wine Estates (ASX: TWE)

Treasury Wine Estates Ltd. engages in the production and marketing of wine. The company is headquartered in Melbourne, Victoria and currently employs 2,500 full-time employees. The firm’s segments include Australia and New Zealand (ANZ), Americas, Asia, and Europe Middle, East and Africa (EMEA). ANZ segment is engaged in the manufacture, sale and marketing of wine within Australia and New Zealand and distribution of beer and cider under license in New Zealand. America’s segment is engaged in the manufacture, sale and marketing of wine within the Americas region. Asia segment is engaged in the sale and marketing of wine within the Asia (excluding the Middle East and Africa). EMEA segment is engaged in the manufacture, sale and marketing of wine within Europe and Middle, East & Africa. The company is also engaged in the sale of branded wines, principally as a finished, bottled product. Its wine portfolio includes Commercial, Masstige and luxury wine brands, such as Penfolds, Beringer, Lindeman’s, Wolf Blass, Chateau St Jean and others.

Here are the latest articles on Treasury Wine Estates (ASX: TWE)

On Cloud Wine: Aussies splurge on luxury wines even as interest rates rise

During Covid, Aussies loaded up on alcohol, with sales increasing over 30% in March 2020 as compared to March 2019 and growing further as the pandemic progressed. In the same period, global superstar Adele even released an affirmatory song—I Drink Wine, an anthem defining the state of plenty of us. Of course, who benefits from

Everything happens for a riesling: Treasury Wines expands in the US with Napa Valley acquisition

There are two non-negotiable beverages in my eyes: coffee and wine. At the end of the work day you will most likely find me firmly attached to the couch with a glass of red and a good book.  I have a feeling that the folks over at Treasury Wine Estates (ASX: TWE) are my type