The Distillery: TWE's bitter drop

Scribes see Treasury Wine Estates' US problems as entrenched, with one saying the demerger from Foster's Group was no cure-all.

Treasury Wine Estates chief executive David Dearie still sits atop a company that has risen 48 per cent since its spin-off from Foster’s Group in 2011. But its status as a market darling has been thoroughly debased by news of ongoing problems in the US – the same problems that plagued its former owner for a decade.

Are demergers as good as all that? Is the company’s US business beyond saving? Australia’s business commentators investigate.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles