Wine
Penfolds to produce wine in overseas regions
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.
Wine
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.
Wine
With the threat of trade wars in the air, Philip White ponders the nature of Australian wine’s increasing dependence on China.
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Deadly wildfires raging across northern California have caused what Treasury Wine Estates calls “limited damage” to its assets in the region.
Recent record vineyard prices are relevant to top geologies common to both Barossa and McLaren Vale, Philip White reports.
Treasury Wine Estates has more than doubled full-year new profit to $179.4 million as lower costs and higher margins across its portfolio boost results.
The company behind Penfolds is selling a winery in California under changes to its supply and production network in the United States.
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