Treasury Wine Estates records $101m loss
date:Aug 21, 2014
said that the company delivered good results considering the events of the past 12 months.

Having taken the necessary steps in the final quarter of fiscal 2014 to drive improved performance, including increasing consumer marketing, reducing TWEs cost base and addressing structural challenges within the business, I am confident the company is now positioned for future success, Clarke said in a statement.

Earlier this month, TWE received a second takeover bid from an unidentified global private
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