Australia: latest retail news, insights and analysis | ESM Magazine

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Wine sales in the Italian off-trade channel (large scale retail) grew by 7% in value and 5.7% in 2020 compared to the previous year. Data from the Nomis...

Bunge Raises Outlook As Profit Jumps More Than Three-Fold

US agricultural commodities trader Bunge Ltd said its adjusted income rose more than three-fold in the first quarter from a year earlier as strong crop exp...

Japan's Asahi Looks To Halve Debt After Buying Australia Assets

Japan's Asahi Group Holdings said it will aim to halve its debt and forego overseas investments after spending $11 billion (€9.25 billion) to buy the...

Power Drinkers - Aussie Brewer Offers Beer For Excess Solar Energy

How about a cool beer in exchange for your excess solar power? That's the offer from Asahi Group's Carlton and United Breweries (CUB) in Austr...

Treasury Wine Faces 175.6% Duty Rate For Australian Wine Exports To China

Treasury Wine Estates Ltd, the world's largest standalone winemaker, said on Monday that Beijing had imposed a final combined 175.6% anti-dumping and count...

Australian Wheat Farmers Double Down After Record Harvest

Australian wheat farmers are scouring the market for crop-planting machinery, fertiliser and other farm products, weeks out from the country's ma...

Nestlé Australia Develops Recycled Plastic Packaging For KitKat

Nestlé Australia has developed recycled plastic wrappers for KitKat in collaboration with other companies. The food giant has developed...

Rapeseed Rush Sends Prices Soaring As Chinese Demand Swells

Rapeseed prices are surging to record highs as traders scour the world for supplies of the oil-rich crop, illustrating growing strain across oilseed market...