Penfolds, the Australian flagship brand from Treasury Wine Estates, has announced the final release of its ultra premium "g" series trio - g5 - blending five vintages of Granges, following the launch of Penfolds g3 and g4 in 2017 and 2020 respectively. Read More
Australia
Penfolds has launched two superblends expanding its premium portfolio that included Grange, G4 and Quantum from its American wine collection. Read More
Australia's e-commerce and technology business WithWine, has recently announced that former wine auctioneer and retail executive Andrew Caillard MW has joined the leadership team as Associate Director. Read More
Treasury Wine Estates Ltd (TWE) today announced it was joining the RE100 global renewable power initiative as part of the premium wine company’s commitment to switch to 100% renewable electricity by 2024 across its global operations. Read More
The economic pains of the China-Australia conflict are also being felt in China, as the Chinese wine market struggles to absorb the aftershock of the boozy breakup. Read More
Top contenders are racing to grab the top seat vacated by Australia, and the latest data have revealed the new faces for China's top suppliers. Read More
France has overtaken Australia to become China’s No.1 wine supplier, based on the latest Customs data, a result of the crippling tariffs slapped on Australian wines. Read More
China's punitive tariffs of up to 218% on Australian wines are not only corking Australian wine exports, but also having a "detrimental impact" on Australia's performance in the secondary market, according to Liv-ex. Read More
More than 11 tons of Australian wines were blocked from entry in China due to what customs authorities cited as using excessive food additives and labeling issues.
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Australian wine giant Treasury Wine Estates' stock prices rose 8% on news of a potential buy-out from France's biggest drinks and beverage owner, Pernod Ricard. Read More