Woolworths Group has agreed to sell 5% of its issued capital of Endeavour Group via a block trade at a price of $5.22 per share, generating proceeds of $468 million. Following the […]
Endeavour Group Hotels Managing Director passes away
Endeavour Group has announced that its Managing Director, Hotels, Mario Volpe, has passed away. “It is with great sadness that the Board and Management of Endeavour Group regret to advise that Mario […]
Beam Suntory unveils global rebrand
Beam Suntory has announced a rebrand to become Suntory Global Spirits. The company said the name change reflected its “evolution into a truly global leader across categories in spirits and ready-to-drink cocktails”. The […]
Struggling Mighty Craft seeks Better Beer merger
Mighty Craft has conceded that divesting most of its brands will not be enough to cover its debts and it is now exploring a merger with Better Beer to salvage the company. […]
The biggest export markets for Australian wine
Wine Australia’s Export Report shows the largest drivers of value growth for Australian wine in the past 12 months were Hong Kong, New Zealand and the United Kingdom. However, exports to Canada, […]
Coles customers abandon premium drinks
Coles Group has announced its third-quarter results, which reveal its liquor sales revenue declined by 1.9% to $786 million ascustomers reduced their discretionary spending. Sales fell 3.1% on a comparable basis, compared […]
Turmoil rises at The Star as Chair ousted
Rising turmoil at Star Entertainment, which is battling to retain its Sydney casino licence, has seen Executive Chair David Foster leave the group following admissions at the Bell inquiry. Last week Foster […]
Australian Distillers Association celebrates 20 years
The Australian Distillers Association is celebrating its 20th anniversary at its 2024 conference held at the Brisbane Showgrounds. Australian Distillers Association chief executive Paul McLeay said the spirits manufacturing industry has made tremendous […]
James Brindley returns as Lion Australia MD
James Brindley is returning to lead Lion Australia on May 1 in what the industry legend describes as “an unexpected turn of fate”. “After a hiatus of two years, I will be […]
Odd Culture Group sells Melbourne venture
Odd Culture Group has announced that it has sold its Melbourne venture, Odd Culture Fitzroy, as it looks to double its footprint in Sydney. Melbourne hospitality veteran and Fitzroy local Gerry Nass, […]