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

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

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

Courtesy of Penfolds Wines Penfolds Grange was created ... It is arguably the most coveted Australian wine among connoisseurs in the know. La Chapelle also takes its name from a specific structure ...

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

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.

Major sponsor Penfolds — Australia’s most famous winemaker — is cutting ties with the Melbourne Cup Carnival and will no ...