Wine
Premium red wine producer Penfolds has blindsided its rivals by winning the Best in Show trophy at the Sydney Royal Wine Show with a white wine, with SA wineries dominating many of the event’s major awards.
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In an industry subject to ever-changing cycles, fashions and fads, it’s an ongoing challenge to keep a successful and well-established wine label shining brightly, says Penfolds’ chief winemaker Peter Gago.
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Winemaker Penfolds is poised to produce wine for the first time overseas, turning out bottles of Shiraz and Cabernet sauvignon in California’s famous Napa Valley.
Shares in Penfolds maker Treasury Wine Estates have sunk to a four-month low amid reports it is facing an over-supply of its wine in China.
Philip White ponders the ways his colleagues in the press corp have regarded the $3000 Penfolds G3, perhaps the most discussed Australian wine of the era.
Philip White has tasted the new crowning glory of Penfolds – a majestic blend of three Granges that costs $3000 a pop.
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