Latest Wine Industry News

Treasury Wine Estates has named Breakthru Beverage Group as its exclusive distributor in California, stepping in after Republic National Distributing Company exits the state. The move marks a significant shift in TWE’s US distribution strategy with financial impacts yet to be fully revealed.

Treasury Wine Estates projects strong fiscal 2025 earnings driven by luxury brands Penfolds and DAOU, while unveiling a new divisional model and a significant share buyback.

Australian Vintage outlines a strategic turnaround with innovative product launches and a key acquisition, aiming to reverse declining sales and improve cash flow in FY2026.

Treasury Wine Estates has announced Sam Fischer as its new CEO, succeeding Tim Ford in October 2025. Fischer’s extensive global experience in alcohol beverages and luxury brands signals a strategic evolution for the company.

Australian Vintage appoints Tom Dusseldorp as CEO following Craig Garvin's successful stabilization of the company through a challenging 2024. The leadership change signals a renewed focus on revenue growth, cash flow, and disciplined capital management.

Treasury Wine Estates reports a robust first half of 2025, driven by luxury portfolio growth and DAOU integration, while premium segments face headwinds.

Universal Biosensors is expanding its handheld testing portfolio with the upcoming AQUASCOUT water sensor and growing sales of its FDA-approved Xprecia Prime blood coagulation device, targeting multi-billion-dollar markets.