Lark Distillery has revealed its FY23 net sales were down $3.3 million or 16% versus FY22 to $17 million as consumers pull back on discretionary spending. Lark CEO Sash Sharma, who joined […]

France is battling a wine crisis, with the government announcing it will provide $336 million in funding to the industry to destroy surplus supplies and support producers. An initial European Union fund of 160 […]

Australian Vintage has announced its FY23 results, with its final dividend due to net profit after tax falling by 77% to $4 million. Australian Vintage said that while revenue was in line […]

Data from hospitality tech provider me&u has revealed Father’s Day boosts spending in pubs and other on-premise venues by more than a third. In 2022, national revenue on Father’s Day was up […]

Coles Group profit topped $40.5 billion in FY23, but liquor sales revenue of $3.6 billion for the year was flat compared to the prior year. Sales declined in the first half by […]

Proof & Company has expanded its portfolio of independent spirit brands by welcoming Tasmania’s Waubs Harbour Distillery. Waubs Harbour Distillery was founded by a Tasmanian family – brothers Tim and Rob Polmear […]

Clare Valley Wine & Grape Association (CVWGA) has appointed Taylors Wines Managing Director and Winemaker Mitchell Taylor as its new Chair. Taylor is the first Chair appointee who has been a member […]

While sales at its bottle shops fell in FY23, Endeavour Group is celebrating record pub profits, with sales up 31% to $1.98billion. Bottle shop earnings fell 1.8% to $9.9billion, but group sales […]

Moët Hennessy Australia New Zealand has announced two key appointments to its leadership team. Ashley Powell has returned to Australia to take up the role of Managing Director, following a 16-year career […]

TWE is boosting its supplies of Penfolds wine in anticipation of the Chinese market rebooting in the next six to 12 months. CEO Tim Ford told analysts during the company’s FY23 results […]