The proposed bulk divestment was announced in August.
'Our luxury-led strategy underpins everything we do, and there’s a lot of opportunity across the…
Stone & Moon already provides grapes for Penfolds' Chinese variant.
The mark will target female consumers.
The latest activation is part of Penfolds' 'Venture Beyond' campaign.
"There are buyers around the world whose business strategy is about scale and volume –…
Twelve-month sales have returned - finally - to pre-Covid levels for the group.
The decision to sell is the result of a business review that has been running…
The company spent AUD10m (US$6.8m) on the automated system.
Penfolds' forced geographical refocus has clashed with the recent removal of tariffs on Australian wine…