According to a report in The Wall Street Journal, Brown-Forman has turned down a $15 billion takeover offer from Sazerac. Sazerac’s latest all-cash offer was financially backed by Wells Fargo and Apollo Global Management, people […]

Drinks industry bodies have expressed disappointment in the Federal Budget, saying it offers little relief for local producers who are struggling with cost-of-living pressures, rising tax burdens and impacts from the Middle […]

In a trading update this week, Metcash confirmed it expects to deliver underlying profit after tax of $268 million to $270 million for the fiscal year ended April 30.  Estimated revenue for […]

Coles has confirmed GLP-1 weight-loss drugs such as Ozempic are impacting sales at its supermarkets and liquor stores. CEO Leah Weckert told the Macquarie Australia Conference that about 2% of Australians were currently […]

Endeavour Group has provided a trading update for H2 FY26 to date, together with details of its three-year cost reduction program to deliver $100 million of savings in FY27. Group sales reached […]

Coles Liquor has delivered its sales results for the March quarter, which saw sales revenue decline by 3.9% to $781 million, with comparable sales decreasing 4.3%. Coles said sales across its convenience […]

Artificial Intelligence is revolutionising the drinks industry, influencing everything from manufacturing and supply chain through to retail, marketing and corporate. Drinks companies have moved on from gimmicks such as Coca-Cola Australia launching […]

Brown‑Forman has announced that the company and Pernod Ricard have terminated discussions regarding a potential business combination, as the companies were unable to reach mutually agreeable terms. Brown‑Forman and Pernod Ricard previously […]

The Royal Agricultural Society of NSW (RAS) has invited Australian wine producers to be part of history, as entries open for the 200th anniversary of the Sydney Royal Wine Show. Throughout its […]