Endeavour Group has today advised that Alex Freudmann has resigned from his role as managing director of Dan Murphy’s after three years in the role.
Endeavour Drinks Group
While the impacts of COVID-19 continue, major alcohol retailers Endeavour Group and Coles Liquor have reported strong but slowing sales growth.
Endeavour Group, owners of BWS and Dan Murphy’s bottleshops, has sustained sales momentum after an exceptionally strong year following COVID-19.
Zero alcohol beers have been making headlines in recent months, but retailers are grappling with how to handle the positioning and marketing of no-alcohol options in an ethical way,
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.
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.