Penfolds owner in no rush to sell discount labels
Australia's biggest winemaker continues to look to luxury to turn its fortunes around, but changing drinking habits and a tough US market pose challenges.
AAP ·
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EXPLAINED: Penfolds | Rare Historical Photos
Ten South Australian restaurants win a Michelin star – with one double winner
The awards are the first ever won by Australian eateries with Magill Estate Restaurant at the Penfolds winery claiming two of the coveted stars
The Guardian - AU ·
Down the drain: Penfolds maker falls into the red
Treasury Wine Estates has delivered a huge earnings loss on the back of large writedowns of the value of its US assets and supply chain issues.
AAP ·
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