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Retail Food Group to acquire Beefy’s Pies for $10 million
Beefy's Pies may soon be available for franchising after an agreement was reached for the retail chain's acquisition by listed cafe operator Retail Food Group (RFG) for $10 million.
RFG is a global food and...
Finance Archives
PLM is removing compliance bottlenecks for FMCG companies: here’s how
PLM can save a fast-moving consumer goods company as much as 35 per cent of their administration costs.
Kiwi oat milk brand All Good looks to raise $1m for global expansion
The company is looking to accelerate its expansion plans into Asia and the Middle East, and to develop new products.
Foodstuffs plans to merge North, South Island operations
Each cooperative will hold a special general meeting in June next year where members will vote on the proposal.
Coty’s revenue rises on double-digit prestige, consumer beauty sales growth
Net revenue of the company's prestige segment jumped 23 per cent to US$1.06 billion.
China ready to welcome likely return of Aussie wine as ties improve
News that punitive tariffs on Australian wine introduced by China in 2021 would be reviewed as part of a push to improve...
Coca-Cola buys Finnish vodka label Finlandia for $342 million
Established in 1970, Finlandia is one of the leading vodka brands in Central Eastern Europe with annual volumes of 2.7 m...
Treasury Wine Estates pays $1.4 billion for luxury US winery Daou
The acquisition will provide a scale to support TWE's future standalone Treasury Americas Luxury division.
Endeavour reports solid first-quarter trading
The BWS and Dan Murphy's operator reported a jump in retail sales of 1.9 per cent to $2.54 billion.
Coles posts higher sales as more customers prefer to eat at home
Supermarket sales jumped 4.7 per cent to $9.19 billion, while liquor sales inched 1.8 per cent higher to $851 million.
Coca-Cola raises outlook amid revenue growth
Global unit case rose 2 per cent and operating income grew 6 per cent, with earnings per share up 9 per cent to $0.71.
Woolworths sees quarterly sales increase led by food segment
Food businesses continued to moderate over the quarter driven mainly by deflation in fruit and vegetables and meat.
US sales surge boosts Bubs’ first quarter
Revenue from the US was up by 48 per cent, mitigating a 51 per cent slump in China.
Jelly Belly brand sold to Ferrara Candy Company
Jeff Brown, the current executive VP of global operations and distribution of Jelly Belly, will become its CEO following...
Sara Lee Australia business collapses; receivers appointed
While it has not been stated what forced the brand into administration, ABC reported that “supply chain issues” have imp...
Moondarra grows portfolio, purchasing Tarago River Cheese
Both cheese makers are located in Gippsland, Victoria.