Wine

Treasury Wine Estates Reins Back On Earnings Expectations Due To Coronavirus

Wine producer Treasury Wine Estates (TWE) has said that it no longer expects to achieve its forecasted EBIT growth of between 5% and 10% for the full year,...

Non-Alcoholic Wines Set To Gain Pace Over Coming Years: Study

The non-alcoholic wine market is set to be worth $10 billion (€9.27 billion) by 2027, according to a new study by Fact.MR. The sector is set to see...

French Wine And Spirits Exports Hit Record In 2019 Despite US Tariffs, Tougher Year Looms

French wine and spirits exports hit a record in 2019 as exporters booked sales ahead of US tariffs and Brexit but the business faces a tougher ye...

Australia's Treasury Wine H1 Profit Falls On US Competition

Australia's Treasury Wine Estates Ltd, the world's largest standalone winemaker, on Wednesday reported a nearly 1% fall in first-half profit, as tougher co...

Beer, Wine And Spirits Products To Carry Age Restrictions Globally

Some of the biggest drinks manufacturers have committed to putting age restriction indicators on all products they sell on a global basis, in a new coordin...

Poland's Biedronka Introduces Portuguese Wine Varieties

Polish retailer Biedronka has unveiled a series of Portuguese wines as part of its 'Wznieśmy toast za smaki Portugalii' ('Raise a Toast to the Flavours of...

French Wine Exports Squeezed By US Tariffs: Minister

Exports of mid-range French wines have dropped due to tariffs imposed by the United States in October over disputed aircraft subsidies, a French minister s...