Australian-based food and beverage company, Lion has announced a decrease in EBIT for the first half of the current year, due primarily to what the company calls a challenging environment compounded by squeezed dairy margins and a shrinking beer market.
Lion has launched a home draught beer delivery system as part of its response to declining on license beer sales in Australia and New Zealand. With bars and cafés selling a smaller and smaller share of the retail beer market, Lion has released Tap King, a draught beer system that will deliver six Lion beers to Australian consumers at home.
Lion is one of the few food and beverage supply companies operating in Australia with the muscle to make the supermarket giants there take notice, and the company has done that with the company saying it is time for a review of supermarket purchasing activities in Australia.
National Party list MP, Aaron Gilmore has provided welcome grist to the cartoon mill with his bullying behaviour towards a waiter unfortunate enough to be serving him. As somebody who has done his share of waiting I am not particularly surprised by the “do-you-know-who-I-am” attitude of those who claim to be serving the public, but I am surprised that an individual bully is roundly criticised when as a nation we accept corporate bullying as normal behaviour.
Newly filed financial documents at the Companies Office have revealed that Lion paid NZ$8 million to take over Dunedin craft brewing business, Emerson’s. The move caused some consternation amongst the craft beer community in New Zealand, for whom Emerson’s is one of the foundations.
Lion has scooped three medals at the prestigious International Brewing Awards across two categories for three of its craft beers.
Declaring its results at the weekend, the world’s second largest brewing company, SABMiller announced a 17% increase in first half earnings thanks to market gains in Latin America and Africa.
Tuesday September 25, Sydney: Lion today announced outgoing CEO Rob Murray will join the Lion Board from April 2013 as a Non-Executive Director.
Lion has taken the Corona beer agency after its Mexican owner, Grupo Modelo, decided to end its agreement with Foster’s in Australia.
French company, Pernod Ricard’s decision to exit the Gisborne wine growing region has cost the company almost NZ$100 million.
The decision by Independent Liquor to actively pursue the draught beer trade could be the next significant step on the steady change in New Zealand culture from European outpost to Pacific participant. The possibility that Independent could make that great Pacific beer brand Asahi a feature of our cafés and bars is one that supporters of our Pacific identity are salivating over.
Independent Liquor, the Japanese-owned New Zealand liquor business has announced its plans to take on the corporate brewery duopoly that dominates draught beer sales around the country.