Close×

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

Circana retail scan data shows sales of bottles of shiraz under $10, fell 8.3 per cent over the past year, but sales above $35 grew 6.9 per cent. According to the data, shiraz accounts for two in every five dollars spent on bottled red wine in Australia, which covers the year to 4 October 2026.

Endeavour Group lifted first quarter sales 2.8 per cent to $3.18 billion, with a growth in transactions at Dan Murphy’s offsetting a slowdown in its hotels business.

Net revenue for Bubs Australia fell 9.8 per cent to $23.1 million in Q1 FY27, with operating cash outflow widening to $6 million from $4.4 million on the prior corresponding period.