Treasury Wine Estates restructure incurs $558.4M charge
Treasury Wine Estates (ASX:TWE) announced a United States supply chain restructure, incurring an additional $558.4 million post-tax material charge.
Treasury Wine Estates (ASX:TWE) announced a United States supply chain restructure, incurring an additional $558.4 million post-tax material charge.
Coles (ASX:COL) confirmed that it will outsource up to 1,000 back-office positions to India to cut operational expenses.
Coles (ASX:COL) has entered an expanded agreement with Accenture to outsource up to 1000 Australian back-office roles in India.
Endeavour Group (ASX:EDV) reported total sales of $12.21 billion for the 2026 financial year, up 1.3% year-on-year.
Retailer Briscoe Group (ASX:BGP) generated NZ$193.4 million in second-quarter sales, delivering a third consecutive quarter of growth.
Brett Blundy acquired local lingerie and apparel brands, including Bras N Things and Bonds, for $700 million.
Michael Hill International (ASX:MHJ) reported group sales of $654.7 million for the 52-week period ended June 28.
Baby Bunting Group (ASX:BBN) said Chief Financial Officer Darin Hoekman will step down after more than 12 years with the group, with the change framed as a planned transition as its multi‑year growth strategy advances.
The Federal Court fined Harvey Norman (ASX:HVN) and Latitude Group Holdings (ASX:LFS) $55 million over undisclosed mandatory fees.
Myer Holdings (ASX:MYR) reported preliminary total sales of $4.09 billion for the 2026 financial year.
Outdoor retail group KMD Brands (ASX:KMD) expects full-year group sales to reach up to NZ$1.44 billion for the 2026 financial year.
Coles Group (ASX:COL) drops $4 billion Greencross acquisition talks with TPG Capital to maintain capital discipline and supply chain focus.