Treasury Wine Estates appoints new European managing director

16 March, 2017

Treasury Wine Estates has appointed Tom King as managing director for Europe after Dan Townsend sadly passed away.

King joined the business in 2013 as commercial director for travel retail and has held several senior leadership positions at TWE over the past four years.

He previously worked at Bacardi, Ernst & Young and Arthur Andersen and has been in the trade for a decade.

TWE chief executive Michael Clarke said: “Tom is an experienced senior sales executive and over the last four years has positioned TWE as a category leader in the Global Travel Retail channel.

“Tom’s strength is building strong relationships across a wide spectrum of customers as well as developing high performing teams. This appointment will ensure that our team in Europe will have continued stability and strong senior leadership.” 




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
total a

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