New data from IRI shows dollar growth in liquor retail was up $1.4billion in the last 12 months. That’s $213,000 more than the last three years’ growth combined. Annual dollar growth surged […]
Stay-at-home trend fuels record liquor retail growth
Winemakers seek new markets as China export crisis deepens
Australian winemakers are re-evaluating their business plans as the China export crisis deepens. Tony Battaglene, chief executive of industry group Australian Grape and Wine, told Bloomberg that product set for export is […]
Diageo “on the hunt” for more premium brands
Diageo has announced it is seeking to buy more premium alcohol brands following its recent acquisitions of Aviation American Gin and Chase Distillery. CEO Ivan Menezes told CNBC: “The premiumization trend […]
New wholesale service launches for Australian distillers
A new service providing warehousing and logistics exclusively for Australian distillers – Nip of Courage Wholesale – has launched. Nip of Courage has been distributing and exporting Australian craft spirits since 2013. […]
The “new normal” for independent retailers
By Tony Bongiovanni, owner, Cellarbrations at Gisborne It’s an exciting time for independent retailers in Australia. While COVID-19 restrictions have been challenging, especially during the second lockdown in Victoria, they have also […]
The beers leading growth for Coopers Brewery
Coopers Brewery has recorded a 3.9% rise in total beer sales for the 12 months to June 30, 2020, despite a downturn in keg sales due to COVID-19 restrictions. The drop in […]
Coca-Cola Amatil takeover bid challenged
Four major shareholders may block the Coca-Cola Amatil takeover by Coca-Cola European Partners (CCEP), saying the $12.75 a share bid is too low. Dublin-based Setanta Asset Management said CCEP’s offer, valued at […]
Australian wine exports to China suspended
Industry sources have told ABC News they have been warned that Australian wine exports will not clear Chinese customs from today due to trade tensions. Shipments of Australian lobster, sugar, coal, timber, […]
CCEP moves forward with Amatil takeover
Coca-Cola Amatil has signed a binding scheme implementation deed with Coca-Cola European Partners, moving the Amatil takeover process forward. Amatil will be liable for a break fee of $46.4 million payable to […]
The fastest growing category at Dan Murphy’s
Total sales for Endeavour Group have increased 21.4% in Q1 of 2020 to $2,654 million. Comparable sales growth remained strong at 20%, with Dan Murphy’s “continuing to outperform”. Last week, Coles Liquor […]
