Rising from years of progressive loss, Treasury Wine Estates has posted its second largest profit in over four years with a strong plan in place for continued, sustainable growth. The company, who has past battled a number of challenges including unwanted stock and a presumed over-reliance on the Penfolds brand, will now enter fiscal 2016 stronger than ever according to a recently released annual report. CEO Michael Clarke attributes the ...

Proposed policy changes to Victorian public holidays have once again sparked outrage from Master Grocers Australia and Liquor Retailers Australia. Controversy surrounds a push from the Victorian Government to consider an additional public holiday on the eve of the AFL Grand Final, which according to MGA would be “catastrophic” for small businesses. The body attests that an increase in the number of public holidays has already shaped to be a ...

Coca-Cola Amatil (CCA) and Beam Suntory have announced a new distribution partnership in New Zealand that builds on the companies’ strengthened relationship in Australia. Commencing on the first of October, the new agreement will see Beam Suntory partner with CCA for 10 years, making CCA one of the largest distributors of beverages in New Zealand. Beam Suntory NZ will form the cornerstone of one the most dynamic industry changes in over a ...

Lion has announced the appointment of Matt Tapper to the newly created position of Managing Director Global Markets, Lion Beer, Cider & Wine. Tapper will leave his current role as National Marketing Director of Lion’s Australian beer and cider business to head the new international unit— reporting to Lion CEO Stuart Irvine. The move follows the development of Lion’s 10 year strategy in 2014, which includes expansion into new markets ...