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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

If 2025 taught Australian brands anything, it’s that many growth pockets exist throughout an Australian FMCG industry exhibiting patchy performance. Circana insights director Australia, Daniel Bone, discusses what trends the market research company is seeing, and how food and drink brands can come out on top in 2026.

Treasury Wine Estates (TWE) has warned it will take a significant non-cash impairment against its Americas business, with the company preparing to write off at least all US goodwill valued at $687.4 million as at June 2025.

Maggie Beer Holdings (MBH) chair Mark Lindh has used the company’s 2025 AGM to lay out a clearer path for stabilising and rebuilding the business, telling shareholders the group has “earned the right to grow” after a year of intense restructuring, cost-cutting and strategic refocus.