Penfolds and Nigo Have Released Their Final Collaboration
Penfolds has just presented its final collaboration with creative partner and world-renowned designer, NIGO. The ...
Lifestyle Asia9d
Penfolds unveils its 65F wine, its fourth and final release with NIGO
Penfolds introduces the 65F by NIGO. This cab-shiraz blend references the 100-year old, 65-foot chimney at the Penfolds ...
Sydney Morning Herald29d
Penfolds maker Treasury Wine rules out axing unpopular cheap brands
The $8.5 billion ASX-listed Penfolds put the wine brands on the market in August after a six-month review along with a $354 million write-down of the brands’ value, or $290 million after tax.
Australia's leading luxury wine brand deepens ties with China
Top Australian winemaker Treasury Wine Estates (TWE), the owner of Penfolds, Australia's leading luxury wine brand, was ...
The Australian Financial Review29d
Treasury scraps Lindeman’s sale but doubles down on Penfolds
Tim Ford with bottles of Penfolds. Treasury Wine has focused on its luxury wine business and wanted to sell its cheaper brands. Eamon Gallagher The extent of the problems were made clear in a ...
The Australian29d
Treasury Wine has warned of lower earnings due to a drop in cheap wine sales
However, despite surging earnings from these premium wines as Chinese drinkers load up on Penfolds and US shoppers fill their baskets with its Napa Valley wines, the company’s rump of commercial ...
Goodfood on MSN21d
Why are some wines more expensive than others? An expert breaks it down
The first would be a small fraction of the second is my guess. The equation would be similar with some expensive wines, but Penfolds Grange is probably not the best example. Yes, Penfolds buys some of ...