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Afternoon Brief: Australia's Treasury Wine Drops Planned Sale of Cheaper Brands, Cuts Profit Guidance
Penfolds wine producer Treasury Wine Estates (TWE.AX), pulled the sale of its cheap drinks division after failing to find an attractive offer and cut its prediction for annual profit, sending its shares tumbling...
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May 18, 2021
MAY 18, 2021 (Santa Rosa, Calif.) — Experience Rosé, a wine competition that focuses exclusively on expressions of pink wine — sweet, dry, and sparkling — has announced results of the 2021 contest. Taking top prize this year is Naked Wines’ W. Donaldson 2018 Sonoma Rosé from famed sparkling winemaker Wayne Donaldson (former head winemaker for Domaine Chandon). Judges’ praise included: “Ranier cherry”; “Brioche!” “Orange zest”; “Pretty on palate”; “Fresh-lush at same time”; Hibiscus.” In addition to Best of Show, the wine also took honors as Best Domestic Sparkling. Mathis Wine’s 2020 Rosé de Grenache was awarded Best Domestic Dry; judges described the estate single-vineyard wine as “Plush wild berry”; “Celery salt”; “Red apple.” Best International Dry honors went to Wayne Gretzky Estates Okanagan Ro
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