Treasury Wine Estates (TWE) celebrated the recent completion of its acquisition of a 75% stake in Chinese winery Stone & Moon during a visit to Ningxia this week. TWE’s Board, accompanied by […]
TWE celebrates Chinese winery acquisition
Diageo flips Cîroc vodka for Lobos 1707 tequila
Diageo has taken majority ownership of Lobos 1707 Tequila in exchange for the brand rights of Cîroc Vodka in North America. The drinks giant has announced a strategic joint venture with investment […]
Freshwater Brewing says independent beer is being strangled
Following a brutal week that saw Molly Rose enter liquidation and Currumbin Valley Brewing close, Freshwater Brewing Co has spoken out about “the silent strangling” of the independent beer sector. According to founder Jonny […]
Drinkers switch to Australian whisky
NED Australian Whisky saw sales growth of up to 500% in some retail channels in March, as Australian drinkers turn away from bourbon. According to the brand, a turbulent period of in […]
Lion sells Eumundi Brewing
Eight years after reviving Eumundi Brewing, one of Australia’s original craft breweries, Lion has sold it to the Comiskey Group. The Cominskey Group is a family-owned company based in Brisbane’s north. It was […]
How Trump’s tariffs will impact the drinks industry
The Trump Administration has sent shockwaves through the drinks industry after unveiling minimum tariffs of 10% on all countries, with heavier duties on about 60 countries. The tariffs were announced using the […]
US announces 25% tariff on canned beer imports
The Trump administration has expanded its 25% tariff on aluminium to include imported canned beer and empty cans. The Commerce Department confirmed in a Federal Register notice that the duties on beer […]
Lyre’s joins Amber Beverage Group
Amber Beverage Group has announced it is adding Lyre’s Non-Alcoholic to its distribution portfolio, effective 1 April 2025. The new partnership with the world’s most awarded non-alcoholic brand marks a significant milestone […]
Sydney Beer Co owes creditors $10 million
The administrators for Sydney Beer Co have revealed the company owes almost $10 million to creditors including the Australian Taxation Office and the McGrath Foundation. RSM Australia partners Richard Stone and Brett […]
New role for former Bacardi Australia boss
Former Bacardi-Martini Australia Managing Director Mauricio Vergara has been named Managing Director of Proximo US & Canada. The announcement follows current MD Luis Fernando Félix Fernández announcing his retirement, effective as of […]
