Food Industry News: Dec 4 - Australia (5 stories)
Thursday, 4 Dec 2025 Daily Food & Beverage Australia
Here is your Daily summary for Food & Beverage across Australia for Thu 4th December 2025
Dr. Jerry Schwartz is set to take full control of the Great Australian Beer SpecTAPular (GABS), Australia's largest beer events operator, following a significant investment. This move signals a major overhaul for the brand, potentially reshaping the craft beer event landscape in Australia.
In a notable legal development, San Francisco has filed a lawsuit against Kraft and Mondelez, accusing them of designing ultra-processed foods to create consumer addiction. This case could have broader implications for food marketing practices and regulatory scrutiny.
Meanwhile, Kiwi alcohol-free brand Free AF has successfully launched in the UK, expanding its reach beyond New Zealand and the US, tapping into the growing demand for non-alcoholic beverages.
Lastly, Treasury Wine Estates is facing a substantial $687 million goodwill write-down for its Americas operations, raising concerns about the future of its brands despite some growth. This financial setback may signal deeper challenges within the company’s international strategy.
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Treasury Wine Estates’ $687m goodwill wipeout for Americas business could be just the start
Business News Australia RSS 1 Dec 2025, 12:00amPenfolds wine producer Treasury Wine Estates (ASX: TWE) is taking a $687.4 million hit on its Americas operations after writing down the entire carrying value of goodwill for the business despite some of its larger brands growing ahead of market in the region. The impairment could be just the start of a boarder assessment of the value of the Tr...
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Schwartz Family Company taking over beer events group GABS with major overhaul planned
Business News Australia RSS 3 Dec 2025, 5:12amHotel and craft beer entrepreneur Dr Jerry Schwartz is topping up a two-year investment in Great Australian Beer SpecTAPular (GABS) with plans to take full control of Australia’s largest national beer events operator. The buyout comes on the heels of an initial equity investment in GABS in 2023, which brought Schwartz Family Company&rsquo...
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San Francisco sues Kraft, Mondelez over ultra-processed foods
Inside FMCG 3 Dec 2025, 3:57amCity alleges the companies employed tactics to design and market products intended to addict consumers. The post San Francisco sues Kraft, Mondelez over ultra-processed foods appeared first on Inside FMCG.
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French pastry chefs raise funds through chocolate sculptures
Baking Business 3 Dec 2025, 1:01amSome of France’s most famous pastry chefs have sold chocolate artworks sold at auction, with the total reaching more than €100,000. The event, which is touted as being the first […] The post French pastry chefs raise funds through chocolate sculptures appeared first on Baking Business.
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Kiwi alcohol-free brand Free AF lands in the UK
Inside FMCG 3 Dec 2025, 7:24amFounded by Lisa King, Free AF is already sold in New Zealand and the US. The post Kiwi alcohol-free brand Free AF lands in the UK appeared first on Inside FMCG.