Endeavour Group, owner of Dan Murphy’s and BWS bottleshop chains, has debuted on the ASX today after divesting officially from the wider Woolworths Group.
Endeavour Drinks Group
Private-label beer brands are going from strength to strength, after a major AIBA award win for Coles Liquor’s Tinnies, and investment by Endeavour Drinks in a new range of craft beers.
If the demerger of Endeavour Drinks from Woolworths goes ahead as planned later this year, investors could be in for a major windfall of up to $2 billion according to a report to the ASX today.
Coles Liquor’s latest quarterly results show solid if tempered growth, whilst Endeavour Drinks said it expects sales in the next two months to decline.
This week on the podcast, the team discuss the latest results for Mighty Craft and Good Drinks and a product recall for cider.
Sales growth at major bottleshop chain owners Endeavour Drinks and Coles Liquor is slowing after COVID-19 restrictions were eased.
DrinkWise and Retail Drinks Australia have announced a collaborative campaign to encourage safer drinking ahead of the holiday season.
This week on the podcast, the team discuss refermentation issues with big and small brewers, a new hop launch and much more.
Endeavour Drinks has seen sales grow 20 per cent on the same quarter last year, as IRI reports that new buyers are fuelling craft beer growth at bottleshops.
Retailers Endeavour Drinks and Coles Liquor have been investing in private-label craft beer brands like Hughie as mainstream beer declines.