Lidi rejects Australia

Lidi rejects Australia

Lidi out: According to an article on the Starts at 60 website Lidi the large German competitor to Aldi will not be opening in Australia. If true it leaves the way clear for Aldi. No doubt Coles and Woolworths are pleased not to have another discounter pulling prices hence profits lower. The reason given in […]

India consuming wine, Campari buys Grand Marnier

India consuming wine, Campari buys Grand Marnier

Top cocktail The Italian Davide Campari-Milano SpA group has made a €684 million ($1.02 billion) bid for the Marnier-Lapostolle family-owned Grand Marnier Group. The bid is 60 per cent higher than Grand Marnier’s closing price in Paris on Friday, March 11. Grand Marnier’s sales have stagnated over the past decade. Last year they were €152 million […]