NAB data has revealed that the seven Taylor Swift concerts in Melbourne and Sydney generated more than $300 million for Australian economy, with fans providing a huge uplift to revenue for bars […]
One of NSW’s most complained about online alcohol retailers has shut down its two websites following Newscorp and NSW Fair Trading launching investigations into the business. Owner Vihang Gandhi disabled both liquorkart.com.au […]
New data shows environmentally friendly initiatives, wider menu choices, alcohol-free beverages and the use of AI are the top four trends in hospitality for 2024. The 2024 Hospitality Insights and Dining Dynamics report by […]
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 […]
