Treasury Wine Estate’s chief executive, Michael Clarke, has said that fiscal 2015 has “begun well” for the long-troubled Australian wine company.
India’s leading luxury hotel group, the Taj, has launched a new fine wine collection to meet growing demand in the country.
Viña Maipo’s chief winemaker, Max Weinlaub, is so passionate about Syrah, he aspires to make the Chilean equivalent of Australian icon wine Penfolds Grange.
Treasury Wine Estates could “retire” up to 25 brands to focus on its high-end ranges, the company’s chief executive has told shareholders.
Troubled drinks giant Treasury Wine Estates is to shut its Rosemount Ryecroft winery in Australia’s McLaren Vale as part of a cost-cutting initiative.
A collection of Penfolds Grange spanning every vintage it was made from 1951 to 2010 has gone on sale at fine wine store Le Clos in Dubai for £358,596.
Chief executive Michael Clarke has retaliated against criticism from small retailers, saying they are too quick to get upset when big outlets get better deals.
The 2010 Penfolds Grange was released yesterday and joined eleven other wines, spanning five vintages (2010-2014), to form The Penfolds Collection.
Penfolds is launching Grange 2010 today – a vintage where “nothing went wrong” according to the brand’s chief winemaker, Peter Gago.
Treasury Wine Estates is looking to water vines underground and increase fermentation capacity to help mitigate the impact of climate change on its vineyards.
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