felixp21 wrote: ↑Sun Feb 16, 2025 9:20 am
Penfolds have become the poster child for greed in the wine industry.
Their products have gradually declined in quality over the decades, but you'd think they are the greatest wines on earth... a tribute to their marketing, which is now identical to the big-house champagnes, who laughably sell pretty much swill for over $100 a bottle, and sell it because some race driver or jockey is pouring it over his head.
Put any Grange since the mid-80's in a blind tasting and see how you go.... yet to critics are falling over themselves to say how wonderful the stuff is.
Similar story for Bin 707, priced at a level close to most FG's in Bordeaux.
Who can forget the idiotic drool about the 2010 St Henri .... gee, what a co-incidence that this 100 point wine was released at the height of the Chinese Australian wine boom. Good to see the critics offering full disclosure over that debacle lols. Still, every profession has its unscrupulous members.
Although I no longer live in China, I keep in close contact with friends over there, and it is very clear the Australian wine bubble has burst, as it did in America 20 years ago.
So the latest Penfolds stunt is aimed at selling the stuff to a market that buys markedly less Australian products, by saying " look we know it's expensive, but wow, its half French and and therefore is the greatest wine in the world"
Goodness, how pathetic is this. I'd imagine it will go the same way as that very ordinary effort of Penfolds in the Napa.
My annoyance of this whole joke is that I still feel there is a racist element at play, as I have always felt with Penfolds foray into China, in that someone in their marketing department genuinely believes rich Chinese people are stupid.
My money says this is just another idiotic stunt that will completely flop.