Supermarket Woolworths is looking to demerge its drinks business Endeavour Drinks and hospitality arm ALH to “maximise value” for shareholders.
Woolworths
Gage Road continues Pinnacle relationship
Western Australia’s Gage Roads has announced that it has been awarded the tender to continue to produce a number of exclusive brands for Pinnacle Drinks for another three years.
Gage Roads to buy back Woolworths shares
Western Australia’s Gage Roads Brewery has announced a capital raising to buy-back Woolworth’s 25 per cent stake in the brewery with a view to “Returning to Craft”.
Gage Roads defends executive payrises
West Australian brewer Gage Roads has defended its move to supplement two executives’ salaries by $110,000 each at a time when the company is struggling to turn a profit.
Foster’s Classic hits retro mark: CUB and Woolies
The iconic Foster’s beer brand has been embraced by drinkers in its new guise, Foster’s Classic, according to Carlton & United Breweries and Woolworths.
A Beer Geek Goes Hahn
I’m not one of those beer geeks who judges a beer based on its maker. Drawing on my previous experience, there are certain brewers I like, and there are certain brewers I don’t like, and so obviously with every beer I try, those feelings swim around in my head and cloud my judgement. I am,… Read more →
Fosters to Dan: No VB for you!
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 →
Woolworths kills off iconic WA brewer
Woolworths-owned hotelier, Australian Leisure and Hospitailty Group (ALH), has announced plans to close the brewery at Freemantle’s iconic Sail & Anchor Hotel. A spokesman for ALH, Luke Schepen, told Brews News that that the closure was a “commercial decision”. “We have made a commercial decision to close the brewery operation at the Sail & Anchor,”… Read more →