Wajiu secures exclusive rights to three Penfolds wines, including two French labels, as TWE looks beyond its established bestsellers for new growth. Read More
Penfolds
The Australian wine group cut customer inventories in China by 200,000 cases, but distributors offered a more cautious assessment of underlying demand.
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The Australian wine giant is cutting production, idling vineyards and considering asset sales in America but a 40% surge in Penfolds’ China sales helped push underlying earnings above guidance. Read More
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
Treasury Wine Estates has unveiled its most aggressive restructuring in years, announcing plans to cut its stable of 76 wine brands to fewer than 30 as it bets heavily on a small group of premium labels to weather a prolonged global wine downturn. Read More
Shares of Treasury Wine Estates rose sharply after the company reported strong sales momentum in key markets, led by China, and unveiled a major organisational overhaul. Read More
China’s most popular wine list on Tmall is showing a split personality. On one end: dirt-cheap, sugary, TikTok-friendly local bottles flying off the virtual shelves. On the other: premium heavyweights like Penfolds refusing to budge from their throne. Read More
Australian wine producer Treasury Wine Estates reported its largest half-year net loss since listing, citing weaker conditions in the United States and China and the impact of measures to curb parallel imports. Read More
Here are the top 10 most popular wine brands sold on JD Super in 2025. Read More
Treasury Wine Estates has scored a major courtroom victory in China, winning more than $10 million in damages after a years-long fight against a wine brand accused of mimicking its iconic Penfolds label. Read More