It has been a turbulent year for the Australia drinks industry, with a raft of craft breweries and distilleries closing or going into administration, wine companies announcing strategic reviews and numerous drinks […]
The future of Australian prosecco remains in doubt after Minister for Trade and Tourism Don Farrell failed to reach an agreement with the European Union. Farrell flew to Brussels this week to […]
The 2023 Australian wine vintage is estimated to be the lowest on record according to new data released by Wine Australia. The vintage was around 1.32 million tonnes, 26% below the 10-year average […]
Mighty Craft has revealed the outcomes of its Board-lead strategic review, which was announced to the ASX on 25 May 2023. It follows CEO Mark Haysman tendering his resignation as CEO and […]
Australian independent brewing company Tribe Breweries is no longer in voluntary administration following Elsie Cameron Foundation becoming its new owner. The also announced that Heath Baker had been appointed as its new CEO. Baker […]
Lyre’s Spirit Co has announced the successful completion of its latest strategic funding round and the appointment of a new CEO. The funding round raised close to $35 million, while Lyre’s CMO Paul […]
Port Macquarie’s Cassegrain Wines is up for sale after entering voluntary administration. Insolvency firm Shaw Gidley was appointed as administrator three weeks ago and has since recommended the business be sold, due […]
Naked Life Non-Alcoholic Spirits is going public for the first time with a Birchal equity raise. Money raised will go towards accelerating its grocery channel growth and replicating this success in other […]
Australian Vintage, Treasury Wine Estates, Samiel Smith and Son and eight industry partners have received funding to research and innovate in the low and no-alcohol wine markets. The research grant to the […]
TWE has announced it will close its commercial winery in Mildura. The Karadoc wine-growing operation produces wine for brands such as Lindemans, 19 Crimes, Wolf Blass and Yellowglen. The company said it […]
