TWE Reaffirms Commitment to Growing in US Market

Dear Client:Treasury Wine Estates ceo David Dearie took the stage in Australia today admitting "too often in our past, business decision were taken to provide short-term gain, regardless of whether or not longer term pain was also a result." A business strategy TWE will not be maintaining, he added. "We intend to learn the lessons of our history and to thrive for many years to come." US STRATEGY: As the world's second largest wine producer at 32 million cases, part