Penfolds Archives - Inside FMCG
Treasury Wine Estates said it “strongly denies any and all allegations of wrongdoing”.
The spin-off of the Penfolds brand to accelerate the separate focus of its luxury and commercial portfolios.
Growth of private labels, disruptive leadership changes and aggressive market pricing in the US have impacted the Australian wine business.
Bottles of the first vintage of Penfolds Grange expected to fetch over $70,000 each.
Report alleges the company’s profits may have been inflated by as much as 50 per cent over the past two years.
The top headlines this week.
Penfolds owner Treasury Wine Estates’ international market expansion.
The Adelaide winemakers took home two big awards at the Sydney Royal Wine Show.
What made the headlines this week in the Australian FMCG sector.
Penfolds wines, Swisse Wellness and Blackmores supplements were among the imitated products.