Sentences with word «twe»

«The board of TWE, together with its advisers, has concluded, based on the revised proposal, that it is in the interests of its shareholders to engage further with KKR and Rhone,» the announcement said.

The macro trends in TWE's favour include China's overall retail sales rising at an annual rate of 10.5 per cent and imported wine stealing market share from local brands.

The introduction of Maison de Grand Esprit represents a significant step forward for TWE with the addition of a French brand to its existing portfolio of wines from diverse countries of origin including Australia, New Zealand, the USA and Italy.

Some vigorous sessions with TWE management have been undertaken: one in California's Napa Valley where, thankfully, the earthquake didn't cause too much damage, three full - on days with Treasury management in the Melbourne headquarters, and one in the Barossa Valley in South Australia, at the biggish wineries and vineyards.

«The board considers that the company's FY15 EPS targets are realistic but challenging,» TWE said in the notice of meeting.

The company stated the revenue which the wines have been bringing in will be covered by cost of goods sold savings from its supply chain optimisation initiative and continued strong earnings growth from TWE's international Luxury and Masstige portfolios.

«Delivering revenue growth and margin accretion over time remains a priority, supported by our investments in building closer, more efficient and strategic partnerships with customers and by positioning TWE as the wine supplier of choice across multiple brand portfolios and countries - of - origin,» Clarke added.

it seems like younger writers are either ignorant or lazy or maybe they just don't care, but I can not tell you how many article submissions I see (not just here at TWE but at a few other publications for which I serve as an editor) that are riddled with all sorts of grammatical and spelling errors.

TWE also expects that you abide by the terms of use of the social media channel you are engaging on.

The new French proposition, to be launched in the second half of this year, will build on TWE's existing portfolios from Australia, New Zealand, California and Italy, the company said at its inaugural Investor Day in Napa, California.

It is this potential growth that led TWE chief executive Mike Clarke to say Asia would be the largest contributor to the wine maker's profits within 18 months.

«We have become aware of a number of copycat operators that are taking illegal and unfair advantage of the success of iconic brands such as Penfolds,» said TWE chief executive officer, Michael Clarke.

In a post posted by TWE on its Chinese WeChat, the company praised the local police work on clamping down fake wines, and added that the group is going to step up its efforts to protect its intellectual property rights in mainland China and work closely with local police to protect consumer rights.

TWE reported Earnings Before Interest, Tax, SGARA and material items (EBITS) of $ 455.1 m, up 36 % on a reported currency basis.

The trademark will be subsequently cancelled, allowing TWE to claim its right to ownership of the Ben Fu name, and freely use it across China.

Requests for donations or product discount will be assessed for these benefits and priority will be given to requests which meet our criteria and originate from non-profit or charity organisations based in communities where TWE employees live and work.

Exactly who those clients are is also commercial in confidence, but one is believed to be Treasury Wine Estates, with the wine Randall supplies finding its way into some top TWE brands, including the Penfolds Bin Series.

Trending Story: TWE takes action against class action instigator Treasury Wine Estates, the worlds biggest winemaker, has sought an injunction in the Supreme Court of Victoria against lawyer - turned - class action specialist Mark Elliott to stop him gaining access to its shareholder register... Today's News Paul Hobbs Winery Says it's Defense of Watertrough Vineyard Process Important to -LSB-...]

Rush Rich is believed to be sourced and bottled through bulk wine suppliers and third party bottlers in South Australia, and then exported under labels that copy the look and feel of Penfolds wines, infringing TWE's rights to the Penfolds and Ben Fu (奔富) trademarks.

He joined TWE in 2008 and has held senior roles based in Singapore, Hong Kong and now Shanghai.

This new brand builds on momentum gained through recent TWE innovations that challenge wine tradition, including 19 Crimes Cabernet Sauvignon, which was the top performing New Product Development in wine in 2016, 19 Crimes Red Blend, which reached number two and St Huberts The Stag Shiraz, which came in at number five.

Note that the SRs from the thermal wind calculations are significantly larger than model values in all cases, which provides further evidence that TWE trends contain large errors.»

«TWE expects to have significantly more luxury and «masstige» wine available for sale in F19 and beyond as the 2016 and 2017 Australian vintages and the 2016 Californian vintage becomes available for sale.

Melbourne - based TWE, which also owns the Wolf Blass brand, posted annual net profit growth of 131.2 percent to A$ 179.4 million ($ 138 million) in 2016, underpinned by a 76 percent surge in sales by volume to China, Korea and Japan.

On 14 October 2015, Treasury Wine Estates Limited announced its intention to raise approximately $ 486 million through a fully underwritten pro rata accelerated renounceable entitlement offer with retail rights trading (Entitlement Offer) of new TWE ordinary shares (New Shares) at an offer price of $ 5.60 (Offer Price) per New Share.

As part of that process, the federal court has granted TWE's motion to dismiss charges brought against it by SMWE...

In 2014, TWE rejected a takeover bid from US - based investment firm, Kohlberg Kravis Roberts & Co..

Therefore, after adjusting for updated foreign currency movements, TWE does not expect any material change to its F17 earnings expectations.»

That means TWE has not even made basic introductions to other big chains like Bubugao, which has over 450 stores mainly in the central and southern provinces.

This newly aggressive approach to capturing market share will see TWE shortly begin giving away gold bars worth ¥ 6000 yuan ($ 1277) to Chinese customers who spend ¥ 23,000 yuan on Penfold's products.

In a statement to BusinessDay this morning a Treasury Wine Estates spokesman said: «TWE advises that no proceedings have been served against the company at this time.

TWE strongly denies any allegations of wrong doing and will defend any class action proceedings vigorously».

TWE acquir... read more

In October, he bought TWE's Quelltaler winery and 365 hectares of vineyards in the Clare Valley.

From its business development and diversification, sales / profit growth, employee management to new product development, market penetration, brand development and corporate responsibility shown in the past year, the judges felt strongly that amongst all candidates, TWE stood head and shoulder.

While the French category is very established globally and regarded as a quality trustmark, particularly in North Asia, we will bring a «new world» mentality to marketing and selling this wine,» said TWE CEO, Michael Clarke.

In addition, later this year TWE is going to introduce its newly added French wine portfolio to the en premise channel.

«The most important thing you can do over the coming weeks is to focus on the delivery of our FY15 plans and ensure speculation about TWE's ownership does not distract you from making, marketing and selling our fabulous wines,» Mr Clarke said in his note to staff.

Admittedly, there are fake Penfolds circulating in the market, but to what extent or how much TWE is aware of the problem is unknown.

TWE suffered a $ 101 million loss for the 2013/14 financial year following a turbulent 12 months that included senior management changes, a major restructure and the costly destruction of hundreds of thousands of cases of old and excess wine.

«While we understand that TWE wanted to maintain KKR's request for confidentiality, in the interest of its continuous disclosure requirements we believe it is strange to see the company announce what appears to be a legitimate acquisition proposal more than a month after receiving it.»

One only need look at the stellar performance of the privately owned Accolade Wines to see how just how badly TWE has been run.

There are plenty of other shareholders who feel aggrieved and who do wish to bring action against TWE.

Half of the rights is subject TWE's total shareholder return compared to a group of companies from the top 200 listed on the Australian Securities Exchange.

This inclusive approach not only enriches TWE culturally, it broadens our collective knowledge and capabilities and helps us understand and connect more effectively with our customers, consumers, communities and each other.

The lawsuit follows a landmark legal win in the Beijing High People's Court in China in January 2017 that supported TWE's lawful right to use and market the Ben Fu trademark in China.

The vineyards produce high quality fruit which will be used to help meet TWE's growing global demand for premium wines,» the company told dbHK.

A donation or product discount is intended to contribute in a number of ways including for a general community benefit; for the benefit of key TWE stakeholders including employees, local communities and consumers; and for corporate reputational benefit.

TWE reserves the right to remove any posts, photos, videos and / or comments for any reason, including but not limited to those outlined in our House Rules, that we deem offensive, inappropriate or socially unacceptable.

As a signatory to the UNGC, TWE provides regular communications on its progress in fulfilling the Principles.