TWE Restructures into Three Brand-Led Divisions

Dear Client:   Editor’s note: Power has been finicky here in Texas due to snow and ice. We’re working with what we have, so apologies for the inevitable mistakes and typos. Treasury Wine Estates reported total net sale revenues up 8.2% for the first half of fiscal 2021. But the big news from the company’s earnings call last night is that the company is restructuring its business into brand-led divisions, effective July 1, 2021. Here’s how they’re breaking it down: