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30 June 2023 at 4:45pm
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[ARTICLE] Penfolds owner Treasury Wines sacks staff in China

A news article has been posted about Treasury Wine Estates on the AFR. The article was published around , on 26 February 2021 at 12:34pm.

Penfolds owner Treasury Wine Estates has sacked as many as 60 people from across its China wine business following the punishing wine tariffs imposed by the Chinese government. It is understood between 50 to 60 people were made redundant in the restructuring announced internally.

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TWE was $11.19 at the close of trade on 25 February 2021

Find all articles about Treasury Wine Estates, including others on the AFR, on the media page.

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