Diageo has reported net sales of £9.4 billion, an increase of 18.4%, in its 2023 interim results for the half year ended 31 December 2022. Organic net sales grew 9.4%, with growth […]
Premium brands drive double-digit growth for Diageo
Ballistic Beer enters administration
Queensland craft brewer Ballistic Beer Co has entered voluntary administration, with PKF Melbourne appointed as administrators. Founder David Kitchen told The Crafty Pint the directors and shareholders were working with “an experienced […]
Biggest showcase of Australian wine returns to UK
The Australia Trade Tasting returned to London on 24 January 2023, showcasing 700 wines from 200 wine producers to hundreds of trade and media in the UK. The annual event – […]
Australian winemakers eye Indian export market
Australian Vintage Limited chief executive Craig Garvin believes India, with a population of more than 1.4 billion and growing middle and wealthy classes, will be a $290 million export market within five […]
Australian winemakers consider leaving grapes to rot
The ongoing trade dispute between Australia and China may lead to millions of grapes being left to rot at vineyards across the country. China imposed of heavy tariffs on Australian wine in […]
Champagne shipments reach new heights
Global demand for Champagne continues to rise, with Comité Champagne reporting shipments were up 1.6% year on year to 326 million bottles. It is the highest annual shipment figure in 15 years, […]
Revenue surges for Australian hospitality venues
The Australian hospitality industry is booming with new data showing venues across the nation have recorded their highest revenue since before the pandemic. Figures from point-of-sale and e-commerce software provider Lightspeed show […]
Diageo to acquire Don Papa Rum
Diageo has reached an agreement to acquire super-premium Don Papa Rum, a dark rum from the Philippines. The upfront consideration is €260 million (more than $400 million AU) with a further potential […]
Irish whiskey exports exceed one billion euros
The value of Irish whiskey exports exceeded one billion euros for the first time in 2022 according to new data from the Irish Whiskey Association. Director of the Irish Whiskey Association William […]
Brown‑Forman completes acquisition of Diplomático Rum
Brown-Forman has completed its acquisition of the Diplomático Rum brand and related assets from Destillers United Group. The company announced its agreement to purchase the brand in October 2022, giving Brown-Forman an […]
