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HERE’S A QUICK TEN-MINUTE READ OF THE TOP TEN TRENDING ONLINE DRINKS TRADE STORIES FOR THE PAST QUARTER SCAN ON THE QR CODE FOR DAILY NEWS UPDATES Words Ioni Doherty 1. DOLLAR BILLING BREWING Posted May 21 Dollar Bill Brewing was named Champion Australian Beer for their Gold Teeth 2021 Packaged at the Australian International Beer Awards (AIBA) hosted in Melbourne on Thursday evening. The brewing and blending company is based in Ballarat and owned by the husband and wife team, Ed and Fiona Nolle. 2. TREASURY FORECASTS RETURN TO GROWTH. Posted May 13 Treasury Wine Estates announced its expectation that earnings for the business will be between $495 million to $515 million
for the full year targeting high single-digit earnings growth with a group-wide earnings margin of 25 per cent. 3. ENDEAVOUR GROUP’S STATE OF PLAY AHEAD OF THE DEMERGER Posted March 30 Managing Director Steven Donohue announced the inaugural CFO, Shane Gannon, to join the business and shared the company’s new purpose ahead of the Group’s separation from Woolworths in June, ‘creating a more sociable future together’. While Endeavour is about to step into a new chapter, he emphasised to suppliers working with Endeavour’s
merchandise team - it will be business as usual. 4. YOUNG AUSTRALIANS DRIVING ONE OF THE MOST SIGNIFICANT CULTURAL SHIFTS EVER SEEN – ABA Posted May 25 Alcohol Beverages Australia (ABA) says that with the majority of young Australians drinking in moderation and within the guidelines, the latest survey from the Alcohol and Drug Foundation shows their relationship with alcohol is an increasingly sensible one and largely devoid of harms.
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