Penfolds Archives - Inside FMCG

TWE served another class action

Treasury Wine Estates said it “strongly denies any and all allegations of wrongdoing”.

Treasury Wine considers demerger of Penfolds

The spin-off of the Penfolds brand to accelerate the separate focus of its luxury and commercial portfolios.

Treasury Wine Estates cuts guidance amid aggressive US market conditions

Growth of private labels, disruptive leadership changes and aggressive market pricing in the US have impacted the Australian wine business.

Penfolds’ coveted first vintage goes under the hammer at online auction

Bottles of the first vintage of Penfolds Grange expected to fetch over $70,000 each.

Treasury Wine wants ASIC to probe report

Report alleges the company’s profits may have been inflated by as much as 50 per cent over the past two years.

This week in FMCG

The top headlines this week.

Penfolds celebrates 175 years with limited edition champagne

Penfolds owner Treasury Wine Estates’ international market expansion.

Penfolds Chardonnay bags best wine award

The Adelaide winemakers took home two big awards at the Sydney Royal Wine Show.

This week in FMCG

What made the headlines this week in the Australian FMCG sector.

Chinese police seize fake Aussie goods

Penfolds wines, Swisse Wellness and Blackmores supplements were among the imitated products.