Food & drink
‘Grave concerns’: Bubs co-founder, investor group move to spill board
Kristy Carr, former CEO of the infant formula maker, has the support of concerned shareholders who claim Bubs’ board is trying to take over the company by stealth.
- by Emma Koehn
Latest
Preston Market owners threaten to shut it down over planning war
Stallholders at the Preston Market have been informed their leases will not be renewed when they expire in January, in a dramatic escalation of a fight over the site’s future.
- by Rachel Eddie
Why your $20 salad bowl is costing you $30 on a delivery app
Fast food chains are charging up to $10 more per menu item when ordering on food delivery services such as UberEats or Menulog.
- by Mary Ward
Dogged by poor sales: Snoop can’t save budget label as drinkers baulk at cheap wine
The American rapper did initially help the 19 Crimes label, but Treasury Wines took a hit on Thursday on the back of a slump in sales of its budget brands.
- by Emma Koehn
Australia’s wagyu giant eyes European, Middle Eastern gourmets as profits jump
The Australian Agricultural Company lifted operating profits and revenue by hiking wagyu prices, but shareholders are yet to reap dividends again.
- by Jessica Yun
Look beyond profits: Chobani founder’s message to food makers
The self-made billionaire behind the Greek yoghurt giant says some companies keen to pass on price rises quickly have been slow to wind them back even after input costs have come down.
- by Emma Koehn
Whisky business: The 120-year-old law sparking a war over the name ‘single malt’
A law that only allows alcohol to be called whisky if it has been matured for two years has led to a fight between Australian distillers, after new technology now allows a bottle to be ready in only two weeks.
- by Andrew Taylor
Analysis
The Long and Short of It
Frying higher: Do investors love Cobram Estate as much as shoppers do?
Cobram Estate is Australia’s number-one extra virgin olive oil brand – but is it just as popular among Australian investors?
- by Jessica Yun
Vitasoy boss on a mission to reformulate the 25-year-old brand
One of Australia’s oldest soy milk brands has a competition problem, an oat milk problem, and a declining profitability problem.
- by Jessica Yun
Night mayors on Lonsdale Street: Strategic leaders from around the world hit Melbourne
There are 83 cities worldwide with official night-time commissions or individual leaders. Those who represent some of the world’s leading cities have converged on Melbourne.
- by Cara Waters