By Amy Looker
Foster’s Group released its highly-anticipated Penfolds Bin Collection on Monday (Mar 1), a year after a wine strategy revision that saw a number of brands culled or sold.
This year’s release is the first time that Penfolds has produced a Bin 23 Adelaide Hills Pinot Noir for the range and the first Reserve Bin Aged Release Eden Valley Riesling in five years.
“This year’s March 1 release spans half a decade… it’s not ‘one vintage reliant’,” said Penfolds chief winemaker, Peter Gago. “This collection celebrates wines from across the 2005, 2007, 2008 and 2009 vintages.”
The new additions to the Penfolds Bin Collection follows a year that saw the company cull 17 of their wine brands, while selling off another 13 underperforming brands.
Foster’s is also in the process of shifting over 7000 hectares of vineyards as part of its wine asset disposal program.
Penfolds’ super-premium 'icon’ range, including the 2005 Penfolds Grange, is due for release at the beginning of May.