Penfolds

The week in pictures: Hong Kong

Hong Kong's drinks trade had a lot to offer in the past two weeks; from a Penfolds re-corking clinic to a Georgian wine tour by Debra Meiburg MW as well as a workshop by Port producer Symington Family Estates.

Goldman Sachs downgrades Treasury Wine due to China slow down

Treasury Wine Estates has been downgraded by Goldman Sachs because it says the Australian wine giant has "unrealistic" expectations in China.  

Full set of Grange to be sold in Australia

A 62 bottle vertical of Penfolds Grange spanning 1951 to 2012 is expected to break records when it is sold in Adelaide this weekend.

Grange vertical stays in Australia

A vertical of Penfolds Grange spanning the vintages 1951 to 2012 was sold in Adelaide this weekend for AU$230,000, less than was hoped for, but the collection will stay in Australia.

Subscribe to our newsletters