Oceanus subsidiary appointed exclusive Chinese distributor of Penfolds Champagne

Bryan Wu03-22

The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.Season Global Trading, a subsidiary of Oceanus Group 579, has been appointed...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2421877901?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-22 13:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2421877901","market":"us","top_or_hot":-1,"title":"Oceanus subsidiary appointed exclusive Chinese distributor of Penfolds Champagne","media":"Bryan Wu","content":"<div>\n<p>The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.Season Global Trading, a subsidiary of Oceanus Group 579, has been appointed...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/company-news/oceanus-subsidiary-appointed-exclusive-chinese-distributor-penfolds-champagne?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oceanus subsidiary appointed exclusive Chinese distributor of Penfolds Champagne</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOceanus subsidiary appointed exclusive Chinese distributor of Penfolds Champagne\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-22 13:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/company-news/oceanus-subsidiary-appointed-exclusive-chinese-distributor-penfolds-champagne?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Bryan Wu</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.Season Global Trading, a subsidiary of Oceanus Group 579, has been appointed...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/company-news/oceanus-subsidiary-appointed-exclusive-chinese-distributor-penfolds-champagne?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4141","symbol_name":"半导体产品","start_time":0,"source_url":"https://www.theedgesingapore.com/news/company-news/oceanus-subsidiary-appointed-exclusive-chinese-distributor-penfolds-champagne?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2421877901","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421877901","pubTimestamp":1711085057,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4141":"半导体产品","BK6509":"食品和饮料股","579.SI":"欧圣","ASX":"日月光半导体","BK6114":"包装食品与肉类","BK4526":"热门中概股"},"translate_title":"俄刻阿诺斯子公司指定奔富香槟中国独家经销商","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"579.SI":1,"ASX":1},"content_text":"The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.Season Global Trading, a subsidiary of Oceanus Group 579, has been appointed the exclusive agency for the distribution of Treasury Wine Estates’ (TWE) Penfolds Champagne series across China.\nIn its press release on March 22, Oceanus notes that the appointment marks the first time that TWE, a premium wine company listed on the Australian Securities Exchange (ASX), has  granted exclusivity to a company for the whole of China since its initial venture into the country over two decades ago. \nOceanus says the exclusive rights will strengthen the group’s beverage distribution subsidiary product offerings in China. In addition, Season Global’s multiple online and offline channels are well-positioned to integrate with Penfolds' traditional sales channels to accelerate the marketing of Penfolds Champagne series in China, says the company.\nSeason Global has an established track record of over 40 years, and has built a strong reputation for its experience in importing and successfully marketing a wide portfolio of internationally renowned alcoholic beverage brands to Chinese consumers.\nThe Oceanus subsidiary has also established an extensive business-to-business (B2B) and business-to-consumer (B2C) network covering multiple online and offline channels.\nSeason Global has successfully established its own storefronts on major online platforms, which includes JD.com, PinDuoDuo and DouYin. Season was ranked as one of the top five storefronts on JD.com and PinDuoDuo in the beverage segment, according to Oceanus.\nSeason is also in partnership with Hong Kong’s Television Broadcasts Limited (TVB) to engage in live broadcasting of liquor products on DouYin. \nIts offline channels include a wide network of supermarkets and convenience stores, which encompasses over 3,000 local retail stores across China. \n“This collaboration shows that Treasury Wine Estates recognises the competitive edge that we have in China’s beverage industry and is a strong endorsement of Season’s capabilities,” says Season Global CEO Shero Dong.\nOceanus CEO Peter Koh adds that the exclusivity agreement is a testament to the group’s marketing capabilities and extensive distribution network in China. “Riding on this achievement, we will continue to leverage on our global trading and distribution network to further enhance our product range and bring greater value to our customers and business partners,” he says.\nShares in Oceanus closed 0.1 cents lower or 12.5% down at 0.7 cents on March 22.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421877901"}