Australian Treasury Wine Estates, which counts Penfolds among its brands, has purchased Daou Vineyards in California's Paso Robles for approximately $1bn.
An English winery is entangled in a legal dispute with Champagne Louis Roederer over their "Crystal Pet Nat Pink," which has irked the French champagne makers.
The Chinese company Changyu has been evaluated as the second most valuable wine brand, narrowly trailing behind Moët & Chandon but surpassing it in brand strength, as reported by Peter Douglas.
It’s got a wine-growing history that dates back to the Roman world. It’s got more than 220 authorised grape varieties over 55,000 hectares of vineyards, and it’s one of the most exciting wine-growing countries in Europe.