News is breaking this morning that brewing giant Foster’s has invoked the provisions of Trade Practices Act to withhold supplies of some of its top-selling beers to retailers Coles and Woolworths to thwart plans to heavily discount its brands. ABC News is reporting that it withheld supplies of top-selling VB and other brands in February… Read more →
Australia’s biggest brewers are so scared of losing market share they would rather see the beer market whither while tying hotels to exclusive tap contracts…
Media release The Queensland floods have devastated homes, livelihoods and taken lives across the state, with the current threat far from over. Many Foster’s employees have spent the last days and weeks supporting friends and family, assisting customers to repair and maintain businesses, with many preparing their own homes for potential flooding. The recovery effort… Read more →
Beer sponsorships don’t generally cause much of a stir at Australian Brews News, especially when it just involves one generic mid-strength lager substituted for another at the football. But Carlton & United Breweries’ snaring the sponsorship rights for the Queensland Reds, ending Lion Nathan/XXXX’s two decade association with Queensland Rugby, marks just how aggressive Australia’s… Read more →
There is a vast difference between ‘beer’ and the ‘business of beer’. Almost all mainstream media coverage of beer actually relates to the business or marketing of it rather than what’s in the bottle. That’s because mainstream beer is a multi-billion dollar industry and the craft industry – the part of the industry that actually… Read more →
Fosters is set to unveil its new Queensland-based beer brand, Great Northern Brewing Co, which will operate out of the Yatala plant, south of Brisbane.
Carlton & United Brewers has this week released the third vintage of its Crown Ambassador Reserve. The 2010 vintage has been made with fresh Galaxy hops, hand-picked in Myrtleford and added green to the brew the following day. In a first for the beer, a small portion of last year’s brew was aged in French… Read more →
Fosters has just released the latest of its mainstream beer offering under its Carlton brand.
Foster’s today announced that it intends to pursue a demerge its beer and wine operations to create separate stock exchange listings for each, subject to a detailed evaluation of the issues, costs and benefits to Foster’s shareholders and ongoing assessment of prevailing economic and capital market conditions. “We are increasingly seeing the benefits of operationally… Read more →
Foster’s is the world’s 284th most valuable brand, with a brand value of US$3.1bn (AU$3.5bn), according to the latest BrandFinance Global 500 survey. The survey annually analyses 500 key brands worldwide and 2010 marks Foster’s first entry into the Top 500. Its listing sees the Australian brewer join the world’s most valuable beer brand, Budweiser… Read more →