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Penfolds - the flagship luxury brand of Treasury Wine Estates (TWE) - has announced a multi-year collaboration with Australian pop star Troye Sivan, debuting a limited-edition Bin 389 Cabernet Sauvignon Shiraz at Paris Fashion Week. The launch comprised a 750ml gift box and a 1.5L magnum art piece (2023 vintage), each hand-wrapped with Troye’s personal imagery. The gift box (RRP AUD$120) features a translucent red-and-white design and tissue paper printed with 20 photos from Troye’s camera roll, while the magnum edition (only 20 made) is a sculptural piece hand-crafted by artist Rahee Yoon. Troye, a Grammy-nominated singer and actor with 26+ billion streams and a 39-million social following, hosted an exclusive dinner during Fashion Week to unveil the designs. Penfolds CMO Kristy Keyte praised Sivan’s “visionary” creativity and shared values of curiosity and creativity, noting that he is “propelling Penfolds beyond where we would go on our own”.
The first Troye Sivan × Penfolds release centers on Bin 389 (a benchmark Shiraz-Cabernet blend). Penfolds says the wine “reflects Troye’s expressive, approachable character and casual elegance”. Each 750ml bottle in the gift set is hand-wrapped in custom tissue printed with one of twenty photos from Sivan’s personal camera roll. The set is presented in a bespoke box featuring Sivan’s design motifs in translucent red and cream. The magnum edition is a limited “art piece” (1.5L) conceived by Sivan and executed by South Korean sculptor Rahee Yoon; only 20 are produced and sold by expression of interest. Both editions emphasize exclusivity and collectibility: the gift box is a premium-priced item, and the magnums are ultra-rare. (In Australia the gift box was AUD$120; UK retail has been reported around £76, ~US$100.) Penfolds will distribute these globally through luxury channels (travel retail, high-end wine shops, and direct-to-consumer). Further Troye Sivan collaborations with Penfolds are planned “throughout 2026”, so this launch is the first in a series.
This partnership comes as TWE intensifies its premiumisation strategy. Brand Finance recently ranked Penfolds as the strongest wine brand worldwide and its third-most-valuable, citing a 56% brand value surge (to AUD 1.7 billion) driven by new luxury releases. The company explicitly launched a “Luxury & Icon” collection in 2024 (special edition wines and artful packaging) to appeal to discerning buyers. Acquisitions like California’s DAOU Vineyards (US$900 m deal in late 2023) reinforce this move into high-end wine markets. In this context, the Troye Sivan tie-up signals a focus on modern, creative branding. TWE executives have acknowledged challenges - recent results showed declining sales in lower-end categories - and have promised to pursue “modern refreshment… supported by disruptive innovation” in coming months. Recruiting a youthful, culturally influential figure like Troye Sivan aligns with that push. The collaboration also leverages Penfolds’ heritage: Bin 389 is a storied label “favored by collectors”, so the innovation is in presentation and narrative rather than the wine itself.
Troye Sivan is an especially strategic choice. He is an internationally recognized creative and an out LGBTQIA+ icon - described by industry media as a “global icon in the worlds of pop music, culture, fashion and LGBTQIA+ representation”. That profile helps Penfolds reach younger, diverse consumers (including Gen Z and millennial demographics) who value inclusivity and storytelling. Sivan’s background in fashion and design gives authenticity to the creative direction; his large social media following (39m combined) provides built-in publicity. As one Penfolds executive noted, Sivan’s influence spans music, fashion and now wine, and he embodies the curiosity and creativity that “are close to Penfolds’ heart”.
Penfolds’ collaboration offers several lessons for premium alcohol marketing:
Potential drawbacks include the risk of appearing gimmicky if such projects stray too far from brand identity, or alienating traditional customers who prefer focus on wine quality. However, because Penfolds limited this release to a niche, affluent segment, the core portfolio remains intact. The main risks lie in execution (staying authentic, avoiding negative publicity) and ensuring that novelty translates into sales without diluting brand equity.
Overall, the Penfolds–Troye Sivan partnership illustrates how a legacy wine brand can refresh its image through high-profile creative collaborations. By blending Troye’s pop culture influence with Penfolds’ winemaking prestige, TWE demonstrates a bold marketing approach. Other alcohol brands can learn from this by pairing creativity with authenticity, targeting promotions to new consumer segments, and reinforcing their luxury positioning through carefully crafted limited editions.