PLAY PKN: Video News Bulletin 24 Jan

PLAY PKN, the weekly video bulletin of the top stories making the news.

This week featuring Nestle, Pact Group, Astron, Bushfire updates, CUB Cascade Breweries, Tetra Pak, Canopy, China ban on single-use plastics...

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.