PLAY PKN: Video News Bulletin 12 March

In the news this week: Labelmakers, Rapid Label, Jamestrong, APPMA, National Plastics Plan, APCO, Mondelez, PepsiCo, AIP, Impact International

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Food & Drink Business

Australian investment firm, Tundra Capital, has led a $2.4 million Series A raise for deep-tech company, N&E Innovations. The Singaporean company turns discarded food waste into an edible antimicrobial that can help fresh produce last up to four times longer.

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.