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Coles Liquor Group has decided to align all its Vintage Cellars and First Choice Liquor stores with the Liquorland brand, after a 16-week pilot program across 14 stores in South Australia, Victoria, and Queensland demonstrated increased brand awareness and customer engagement. Campari Australia has announced the sale o

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News

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foodanddrinkbusiness.com.au > news > elixinol-exits-us-as-losses-narrow

Elixinol exits US as losses narrow

6+ day, 8+ hour ago   (505+ words) The ASX-listed company reported gross margin of 43.2 per cent for the half to 30 June 2026, up from 33.5 per cent, which it attributed to a greater contribution from higher margin brands and an improved product and channel mix. Operating expenses fell $1.1 million or…...

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foodanddrinkbusiness.com.au > news > tetra-pak-appoints-michael-wu-as-oceania-md

Tetra Pak appoints Michael Wu as Oceania MD

6+ day, 16+ hour ago   (353+ words) Wu joins Oceania from his most recent role as market operations quality and sustainability director. Prior to this, he was managing director of Tetra Pak Malaysia, Singapore, Philippines and Indonesia, where he led the company's operations across one of the…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > trade-restrictions-reshaping-global-beef-flows

Trade restrictions reshaping global beef flows

1+ week, 6+ day ago   (783+ words) The specialist agribusiness bank says the impact has been most visible in Australia, after China’s “safeguard quota” for Australian beef imports was reached in mid-June. This saw Australian beef exports to China fall 71 per cent month-over-month from May to June,…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > australian-vintage-reports-64m-impairment-loss

Australian Vintage reports $64m impairment loss

2+ week, 1+ day ago   (771+ words) Reported EBITDAS was negative $35 million, down $50 million on FY25. The company said the figure included a $27 million inventory impairment, $6 million in restructuring costs, $4 million in lease exits and a $3 million foreign exchange impact from a strengthening Australian dollar, with no asset…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > endeavour-profit-falls-to-52m

Endeavour profit falls to $52m

3+ week, 8+ hour ago   (747+ words) Group sales rose 1.3 per cent to $12.2 billion. Underlying EBIT fell 8.7 per cent to $845 million and underlying net profit fell 14.8 per cent to $363 million. Underlying operating cash flow Endeavour Group managing director and CEO, Jayne Hrdlicka, said, “The F26 full year result…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > lark-takes-36-2m-hit-as-sales-lift-15

Lark takes $36.2m hit as sales lift 15%

3+ week, 4+ day ago   (499+ words) In FY26, the Tasmanian whisky maker reported net sales of $18 million, up 15.1 per cent on FY25 ($15.6 million), with $5 million booked in the June quarter. The $36.2 million was $20.7 million goodwill impairment and a $15.5 million write-down of whisky inventory to net realisable value. Lark…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > rationalisation-lifts-bega-back-to-profit

Rationalisation lifts Bega back to profit

3+ week, 4+ day ago   (444+ words) From an $8.5m loss 14.5 cents for the year Branded segment normalised EBITDA was $220.7 million, up eight per cent, on volume growth in yoghurt, milk-based beverages and white milk, and higher demand for high protein and better for you products. International revenue…...

Food & Drink Business
foodanddrinkbusiness.com.au > news > asahi-beverages-appoints-chief-commercial-officer

Asahi Beverages appoints chief commercial officer

3+ week, 5+ day ago   (328+ words) The expanded role combines both the commercial and growth functions, allowing the company to better respond to the evolving beverages market and provide more growth opportunities for its customers. For the past five years, Phan has been Asahi Beverages’ chief…...