Major Riverland wine producer Salena Estate Wines has entered voluntary administration, with China’s crippling tariffs blamed for its financial woes. The winery has been owned by Bob and Sylvia Franchitto since 1998 and was […]
Coles Group has reported liquor sales revenue of $2 billion for the first half of FY24, an increased by 1.8%, with sales revenue growth in the second quarter of 1.9%..“During the half, […]
Events such as Super Bowl and Valentine’s Day drew patrons to ALH pubs in the first half of FY24, despite Australians tightening their belts due to cost-of-living pressures. Endeavour Group this week […]
The wine category is back in growth at Endeavour Group and it’s all down to a new product called Zoncello. Endeavour announced sales of $6.7 billion during the first half of FY24, […]
Australian Vintage has revealed it is in the early stages of discussing a merger deal with Accolade Wines. Accolade Wines, which produces brands including Hardys, Grant Burge, St Hallett and Banrock Station, […]
Mighty Craft has provided a funding update as it fights for survival in a challenging market. The company is attempting to reduce its debt through a divestment program aimed at redefining its […]
Australian Vintage has announced its half-year results, with revenue in line with the prior year at $136 million due to challenging market conditions. AVG Chief Executive Craig Garvin (above) said: “Our result […]
The “phenomenal success” of Beam Suntory RTD brand -196 in Australia has lead to it launching in the United Kingdom this month. Launched by Suntory in Japan in 2005, -196 is a […]
Following the tax excise on beer increasing again on February 5, at least three more breweries have fallen victim to the Australian craft beer recession. The excise has added about 90c to the […]
Newcastle’s Steel City Beer Company has closed its doors, citing economic pressures during the deepening craft beer recession. “It had always been our goal to establish a brewery and spiritual home within […]
