Author name: FMCG Business

Big fine for Coles

Australian supermarket chain Coles needs to pay A$11.25 million in fines and costs and potentially far more in the near future, to refund suppliers for illegally squeezing them for funds.

New Zealand-Korea FTA initialled

On 22 December 2014, Trade Minister Tim Groser welcomed the initialling by Chief Negotiators of the Free Trade Agreement (FTA) between New Zealand and the Republic of Korea.

New ice cream has 5% alcohol

A US company has invented wine-infused ice-cream, reports The Age. Mercer’s wine-infused ice cream actually contains up to 5% alcohol by volume, setting it apart from the ‘wine-flavoured’ ice cream already on the market.

US big beer brands take a hit

New sales figures make sobering reading for the producers of some of America’s biggest beers. Data from Beer Marketer’s Insights show seven major brands that have lost significant sales (at least 20%) between 2013 and 2008.

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