Business

A Done Deal: Sazerac and SouthTrade Reach an Acquisition Agreement

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It has been announced to the market today that The Sazerac Company has acquired SouthTrade International from Pinnacle Drinks. Tony Stubley, co-founder of SouthTrade said: “This change in ownership will allow us to open up new routes to market and service an even wider range of customers who are seeking our authentic and experiential brands as part of their drinks repertoire. Meanwhile, our relationship with Pinnacle could not be better and we will continue to ...

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ALM CEO Scott Marshall Highlights Growth Opportunities for Trade

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Metcash Limited’s FY16 results in June represented a significant turn around for the business, with post tax profits of $216.5m – a major improvement on from its $384.2m loss in FY15. The results were driven by the company’s liquor business, which increased its total sales by 3.7 per cent to $3.2bn. Metcash’s liquor business has two divisions, including Australian Liquor Marketers (ALM) and Independent Brands Australia (IBA). ALM is Australia’s largest broad range liquor wholesaler, servicing over 12,000 hotels, liquor stores, restaurants and other licensed ...

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NSW Government Seeks Public Feedback on Small Bar Liquor Licences

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The NSW Government is seeking public feedback on small bar liquor licences, including licence requirements, factors affecting the uptake of this new type of liquor licence and the impacts of the legislation. Formal written submissions will be accepted by Liquor & Gaming NSW until 15 July 2016, with short surveys also available for licensees and members of the public here. Learn more about the review by visiting the L&G NSW ...

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ABA Executive Director Explains New Pan Industry Body

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Over the last few months, there has been increased conversation around the new industry body, Alcohol Beverages Australia (ABA). In March, Managing Director of Lion, James Brindley, mentioned the idea of a ‘pan industry’ body that would represent brewers, distillers, winemakers, retailers, and even hoteliers. Former NSW Political Adviser and Communications Consultant, Fergus Taylor, was then appointed as Executive Director of ABA in April. ABA is an industry generated representative body, which will be ...

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Keystone Group Says Business as Usual

Keystone Group has said that it is business as usual at its venues while receivers work through the details of the sale. The Group was placed into receivership on Tuesday, affecting 17 bars and restaurants across the country, including Bungalow 8, Cargo Bar, Chophouse (Perth & Sydney), Gazebo, Jamie’s Italian (nationwide), Kingsleys (Brisbane & Woolloomooloo), Manly Wine, Sugarmill Hotel, The Rook and The Winery. “All our venues will continue to ...

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The Key Performance Indicators in Hospitality

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By Peter Cox, a CPA with over three decades of experience in financial management for the hospitality industry. His website www.petermcox.com.au has a host of free financial management tools to increase the profitability and cash flow generation in your venue. What is the real key indicator of financial performance for your venue? The most important calculation is not sales per person or even return on investment. They are important, but to get a quick gauge on ...

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Simon Ford Talks Shopper Marketing at Network Breakfast

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Simon Ford from Shopper Tracker spoke to over 200 people 23 March at the Drinks Association network breakfast hosted at the Sydney Cricket Grounds. By Michelle Manus Simon focused on the importance behind shopper marketing and brand decision making to maximize drive among retailer and consumer satisfaction. “It’s solution retailing not product retailing. That’s getting into the mind of the shopper, understanding their needs and becoming a destination for them,” ...

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Australian Sales Director to Manage Pernod Ricard NZ

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Former Pernod Ricard Australia Sales Director, Kevin Mapson, has been appointed as Managing Director of the wine and spirits company’s New Zealand business. Mapson previously worked for Pernod Ricard New Zealand in 2004 as National Trading Manager and later General Manager Sales before moving to Pernod Ricard Australia as Sales Director. He has already relocated to the country to start his new role with immediate effect. Replacing Mapson is Jeff McKenzie, formerly National Business Manager, ...

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Australia Post to Help Wineries Export to China

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Australia Post has partnered with China’s largest online wholesale website, 1688.com as part of an initiative that will help Australian businesses capitalise on the free-trade agreement signed in June. The launch of ‘Australian pavilion’ (auspost.1688.com) will provide a powerful online platform for Australian businesses to sell into China in bulk, reaching more than 100 million registered users and enticing Chinese importers to buy Australian products at more affordable, wholesale prices. Initially, Australia Post ...

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Windang Liquor Wins 2015 Liquor Store of the Year

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A record 380 liquor retailers, suppliers, representatives and key industry stakeholders from across NSW and the ACT were in attendance to celebrate excellence in the retail liquor industry at the 2015 Retail Liquor Industry Awards for Excellence Presentation Dinner at the Sofitel Sydney Wentworth last Friday. LSA NSW Executive Director Michael Waters said, “Tonight’s record attendance mirrors the 30 per cent increase in the number of nominations we received for this ...

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