Treasury Wine Estates (TWE) has outlined its plans to focus on 10 priority wine brands and cut more than 40 labels in a sweeping overhaul of the business. The restructure was revealed […]
TWE’s 10 priority wine brands
TWE to axe more than 40 wine brands
Treasury Wine Estates (TWE) has outlined plans to focus on luxury wine, cut more than 40 brands from its portfolio and review its Americas business. The company said the move would reshape […]
Lion to close James Boag’s Brewery
Lion has announced a proposal to close the James Boag’s Brewery in Launceston in November 2026, due to long-term decline in the national beer market. James Boag established his brewery in Launceston […]
Canadian Club calls beer drinkers out for being liars
Canadian Club has unveiled the latest evolution of its long-standing and award-winning Over Beer? platform. Developed in partnership with Droga5 Sydney, part of Accenture Song, the campaign explores why Australians drink beer when they […]
Australian Vintage secures refinancing to 2029
Australian Vintage Limited has announced the successful refinancing of its structural debt for two years, with new finance facilities totalling $128 million until March 2028 and an option to extend into 2029. […]
Endeavour Group to restructure Pinnacle Drinks & sell wineries
Endeavour Group has announced it will restructure Pinnacle Drinks and its premium wine portfolio, reshaping the business as an “asset-light, customer-led” portfolio. Among the actions will be: The Group said that following […]
AFL stars launch crowd-funding campaign for Barry RTD
Australian RTD brand Barry has launched an equity crowd-sourced funding opportunity in collaboration with OnMarket. Founded by high-profile AFL players Bailey Smith, Nick Daicos, Josh Daicos and Charlie Curnow, and backed by […]
Asahi announces leadership change
Asahi Group Holdings has announced the appointment of Nigel Parsons as Chief Executive Officer of Asahi Europe & International Ltd. (AEI). He is expected to assume the role in the second half […]
Brokenwood Wines wins President’s Medal Award
One of Australia’s most respected wineries, Brokenwood, has won one of Australia’s most prestigious food and beverage business accolades: the Royal Agricultural Society of NSW (RAS) President’s Medal Award. The RAS President’s Medal champions […]
Ordermentum secures $55m investment
Hospitality technology platform Ordermentum has secured a $55 million investment from Five V Capital following a global process run by Barrenjoey. The ordering and payments platform has built one of the industry’s […]
