Penfolds has suspended new orders for its flagship label for three months as inventories swell, prices slide and distributors struggle to make money. Read More
Penfolds Bin 407
China’s regional court has convicted four men of counterfeiting Penfolds’ trademark, after uncovering more than 1,140 bottles of fake Penfolds and 500kg of unbottled bulk wines during a police operation last January. Read More