Australia’s two largest wine groups are being forced to make some tough decisions to counter a global decline in consumption.

That is, unless that bottle is a premium offering from Penfolds. Since 1991, the legendary winery out of South Australia has afforded a roving re-corking program to its fans across the globe.

Penfolds and Daou owner Treasury Wine Estates today (3 June) lowered its forecast for a closely-watched profit metric amid ...

The world of ultra-luxury wines is a realm where tradition, history, and exclusivity come together to create true liquid ...

Penfolds-maker Treasury Wine Estates Ltd. agreed to buy DAOU Vineyards LLC in California for as much as $1 billion to expand the company’s stable of US luxury brands. Treasury is paying $900 ...

Six years after it was sensationally targeted by a US hedge fund, the company behind Penfolds and Wolf Blass is once again ...

Treasury Wine Estates Ltd. is planning to reallocate a portion of its Penfolds Bin and Icon wines from other global markets to China once Beijing lifts crippling tariffs on Australian exports ...

Going from fashion to fine wine, creative heavyweight NIGO reveals he will join Australian winemaker Penfolds as its debut creative partner. The announcement came months after the creative’s ...

The global One by Penfolds range is made up of wines sourced from four different countries, each accompanied by individual animal motifs that symbolize its origins. Spanning a crocodile ...

“We have seen a real increase in the quality of the wine being produced in China in recent years.” “Our ambition is to be selling Penfolds’ China wine in other markets around the world and ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...