Business
Treasury Wine Estates is considering a plan to split off its flagship Penfolds brand into a separate company by the end of 2021.
Business
Investment giant BlackRock has bought up more than $250 million worth of shares in Australia’s largest wine company in recent weeks.
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Copycat wine labels impersonating famous brands like Penfolds will be placed on a directory to protect Australian exports.
Cambodian police have broken a bootlegging operation that specialised in producing fake Australian wine, local press report.
A Norwood-based wine company that used near-identical labelling to Penfolds on more than 1 million bottles of wine exported to China and failed to pay damages, has been forced into liquidation.
Treasury Wine Estates has raised a glass to shareholders, upping its interim dividend following a 15.1 per cent lift in first-half profit to $201.1 million.
