Treasury Wine Estates Tests US Growth With Frame Of Mind And Dispute Truce

Treasury Wine Estates (ASX:TWE) has launched a new US wine range, Frame of Mind, positioned around different consumer moods and already placed with several major retailers. The company has resolved a legal dispute with a US distributor related to its decision to exit California distribution. These developments combine a fresh product push with the clearing of a legal hurdle in one of Treasury Wine Estates' key markets. Treasury Wine Estates, best known for its global wine brands, is leaning...