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Tag: Australia

Retail Asia22/12/2021
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Food

Australia’s love affair with boxed wine endures

3min0
Boxed wine is one of Australia’s most extraordinary contributions to the wine industry, also known as cardboardeaux, bag-in-box (BiB), or more commonly. Australian winemaker Thomas Angove patented the design for a one-gallon polyethylene bladder in a cardboard box in 1965, inspired by the ancient method of storing wine in goat skins. The first model required […]
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Retail Asia08/12/2021
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Food

Coles launches low-carb bread

4min0
Coles has launched a new range of low-carb bread after the demand for calorie-conscious bread surged this year. Priced at $4.80 a loaf, Coles 85 percent Lower Carb Loaf contains 21 grams of protein and 8.5 grams of fiber per serve, as well as being vegan-friendly and low in sugar. While it only launched in […]
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Retail Asia08/12/2021
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Finance

Australia to Shake Up Digital Payment Regulations

1min0
Australian authorities will revamp the regulatory landscape for digital payments, broadening its remit on online transaction providers, cryptocurrency exchanges, and the possible creation of a central bank digital currency. On crypto exchanges, Australia will begin consultation early next year on establishing a licensing framework and regulations for businesses the hold crypto assets on behalf of consumers. It […]
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Retail Asia07/12/2021
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General

Coles Plus adds extra benefits

3min0
Coles customers can now earn double Flybuys points on eligible products1every time they shop in Coles Supermarkets and Coles online, thanks to subscription-based service Coles Plus. Since launching in February, Coles Plus member numbers have grown rapidly and now Coles is offering members unlimited free delivery2, including free Same Day Delivery at select stores3, for […]
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Retail Asia03/12/2021
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General

AuMake and Miniso to launch dual-branded stores in Sydney

2min0
The specialist retailer in Australia and New Zealand, Aumake Limited shared on Thursday that it has entered into a distribution agreement with a Japanese-inspired lifestyle product retailer MINISO Master Franchisee Pty Ltd (MINIS0). As per the agreement, MINISO will provide operational support and products to three of Aumake’s physical stores initially, strategically picked for their […]
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Retail Asia01/12/2021
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Food

Vinomofo bets on in-person events with latest acquisition

2min0
Vinomofo has purchased Melbourne-based events company Revel in an effort to better ingrain itself in the events industry – betting that as life in Australia continues to move toward normality, more Australians will want to get out and attend in-person events. Vinomofo chief executive Paul Edginton said the deal will give the online wine firm’s […]
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Retail Asia01/12/2021
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Food

PepsiCo names new CEO for Australia/New Zealand

2min0
PepsiCo has announced the appointment of Kyle Faulconer as the new CEO of Australia and New Zealand, effective January 2022. Faulconer will replace outgoing CEO, Danny Celoni, who was recently appointed to the Asahi Beverages Oceania Executive Leadership Team as the new CEO of Carlton & United Breweries, effective February 2022. To take up the […]
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Retail Asia30/11/2021
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Automotive

Court Finds Mazda Australia Misled Customers On Refunds For Faulty Vehicles

2min0
An Australian federal court has found that the local unit of Japanese automaker Mazda Motor Corp misled customers over their rights, the country’s competition regulator said on Tuesday. The Australian Competition and Consumer Commission started court proceedings against Mazda in October 2019 in a case involving seven different Mazda vehicles and 10 customers. It said […]
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Retail Asia25/11/2021
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Finance

Watchdog Greenlights NAB’s Citi Acquisition in Australia

2min0
The acquisition «would not substantially lessen competition,» the Australian Competition and Consumer Commission (ACCC) said on Thursday. The competition watchdog in Australia will not oppose the proposed acquisition of Citigroup Australia’s consumer business by National Australia Bank. Its review focused on competition in the supply of credit cards, as Citi is a substantial provider of credit […]
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Retail Asia24/11/2021
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Finance

Australian Regulator Warns of Lacking Crypto Protection

1min2
The Australian Securities and Investments Commission cautioned investors about cryptocurrency risks, noting that they are «on their own» for the time being as efforts are underway to develop regulations. Consumers should approach investing in crypto with great caution, said ASIC chair Joe Longo at the recent Australian Financial Review Conference. At present many crypto-assets are probably […]
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Retail Asia22/11/2021
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Food

Japanese beer brand Yebisu launches in Australia

2min0
Premium Japanese beer label Yebisu Premium Beer has been launched in Australia, through Coopers Brewery. Coopers will be the exclusive distributor of Yebisu under its partnership with Sapporo. The beer is now available in packs of four 350ml cans from First Choice Liquor stores and selected Liquorland and Vintage Cellars outlets nationally. It will join […]
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Retail Asia25/10/2021
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Uncategorized

Melbourne retail to reopen last Friday

3min0
It’s been a grueling 20 months for many Victorians who have gone in and out of lockdown, but on Friday the state is set to welcome a raft of new freedoms — and will potentially say goodbye to some COVID-19 restrictions once and for all. As the state reaches its 80 percent double-dose vaccination milestone, regional […]
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Retail Asia25/10/2021
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Telecom

Telstra partners Australian government to buy Digicel Pacific

2min0
Telecommunications giant Telstra announced on Monday that it has partnered with the Australian government to buy Digicel Pacific for $1.6 billion. This is widely viewed as a political move to curtail China’s influence in the region, following interest shown by China’s biggest telecommunications operator to buy over Digicel Pacific. The biggest mobile operator in the […]
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Retail Asia20/10/2021
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Startups

​​Eco-startup Zero Co crashes crowdfunding servers as shares go on sale

1min0
Eco-startup ZeroCo broke Australia’s record with the largest crowdfunding in Australia’s history, raising $ 5 million in the recorded time of 6 hours. Unprecedented heavy traffic – 2500 out of 3082 investors are pre-registered Crowdsourcing funding platform Birchal. Five minutes after the raise, Zero Co successfully raised $ 1 million, the fastest raise in the country. In […]
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