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

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

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

Treasury Wine Estates, the maker of Penfolds, Pepperjack and Lindeman’s, has suffered a major setback in its grand ambitions ...

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 ...

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.

Sam Fischer, who will collect a $4 million sign-on fee, faces a challenge to reverse the fortunes of the struggling winemaker.

“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 ...

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 ...

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 ...