Australian wine producer Penfolds has risen two places to be named The World’s Most Admired Wine Brand 2019.

Treasury Wine Estates' Penfolds has been voted The World’s Most Admired Wine Brand, usurping two-time winner Torres. 

Treasury Wine Estates is the subject of a bidding war, according to reports from Australia.

Treasury Wine Estates has rejected an AUS$3.05 billion (US$2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co (KKR).

Dearie leaves Treasury

23 September, 2013

Treasury Wine Estates (TWE) has announced that CEO David Dearie, has left.

Concha y Toro has been voted the World's Most Admired Wine Brand for the third year running, ahead of Torres and Penfolds.

Penfolds has launched Bin 620 Coonawarra Cabernet Shiraz to global markets, the first release of the ‘special bin’ since 1966.

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Nick Strangeway

Bar food's blurred lines

Once upon a time pubs and bars were somewhere you went with the sole purpose of getting pissed and there wasn’t a knife and fork in sight, just a packet of dry roasted nuts.

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