Wine has long had one foot in the luxury business. First Growth Bordeaux, Château d’Yquem and grand cru Burgundy have been ...

Are Treasury Wine Estates shares a bargain? The post Treasury Wine Estates shares down 21% this year amid resurgent China ...

Penfolds has found a way to make its $1000 shiraz even more expensive, by blending it with a $550 French wine from the ...

Australian wine has long been a favourite in China, but an economic downturn along with a government push to “Shop in China” ...

Iconic Australian winery Penfolds is walking away from the Melbourne Cup Carnival in a fresh blow to the cash strapped ...

The finished collaboration bottle. Courtesy of Penfolds Wines Penfolds Grange was created in 1951 and is named for the original estate cottage Dr. Christopher Rawson Penfolds and his wife ...

In a multimillion-dollar VRC decant, South Australian based Penfolds will pull the pin on a lucrative contract as official winery of the Cup Carnival and naming rights partner of the hugely ...

Forget everything you know about a traditional wine tasting. This May, Penfolds is raising the bar—literally—with The Penfolds Lounge, a luxurious new pop-up in the heart of Sydney.