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Bega source confirms due diligence underway on Lion Dairy deal
A Bega source has confirmed the company is engaged in due diligence over the purchase of Kirin's dairy assets in Austral...
Bega to buy Kirin’s Lion Dairy & Drinks business
Japanese brewer Kirin Holdings has reportedly entered into a deal to sell its Lion Dairy & Drinks subsidiary in Australi...
Craft beer sales surge in spite of pandemic
Despite the Covid-19 pandemic badly affecting many businesses across various sectors, the craft beer industry is one tha...
WHSmith repays more than $2.2 million to underpaid workers
WHSmith has paid back more than $2.2 million it owed to workers who were underpaid, and has agreed to an Enforceable Und...
Johnson & Johnson loses US$2.12bn baby-powder appeal bid
Missouri's highest court on Tuesday refused to consider Johnson & Johnson's appeal of a $2.12 billion damages award to w...
7-Eleven’s workplace compliance gets thumbs up after audits and $173m back pay
7-Eleven’s workplace compliance has improved significantly over the past three years, according to the Fair Work Ombudsm...
The suburbs are the future of post-Covid retail
The Covid-19 pandemic delivered a body blow to CBD retailers, but it’s just the latest of their challenges in recent yea...
Bubs Australia revenue falls as diagou trade dries up
Bubs Australia has seen gross revenue fall 34 per cent during the first quarter to $9.4 million, largely due to the disr...
Coles’ revenue continues growth in first quarter
Coles has continued riding the wave of heightened grocery activity throughout the first quarter of FY21, with group sale...
Marley Spoon launches $56m placement to fund further growth
Meal-kit provider Marley Spoon has launched a fully underwritten $56 million institutional placement, with the proceeds ...
Global FMCG profit margins rose by near-record amount prior to Covid-19
Before Covid-19 hit the world, profit margins in the global FMCG industry grew by 18.7 per cent, nudging 2007’s 18.9 per...
Tax relief, job creation and asset write-off: How does the budget stack up for FMCG?
The 2020-21 budget outlined a monster deficit of $213.7 billion this year, and touts $17.8 billion in tax relief for cas...
QLD wage theft bill passed despite industry concerns
Wage theft can now land business leaders ten years of jail time, with new laws passing in Queensland Parliament last wee...
Fonterra acquires RFG’s Dairy Country business
The latest move of RFG falls under its 18-month restructure and transformation.
Report offers guidance for reporting season during Covid-19
Joint report gives guidance on how to navigate financial reports during the pandemic.
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