While Schubert is best known for Grange, his work on Penfolds' higher-volume wines was just as important. In the 1950s, 70 percent of Australian wine production was fortified—hearty but rustic reds ...

The country’s biggest winemaker has focused on growing the luxury Penfolds business as the company tried to offload the cheaper labels that were once at the core of its operations. On Thursday ...