This Month
Maggie Beer Holdings crashes to $4.4m loss
The gourmet food producer where celebrity chef Maggie Beer is a director is chasing $4 million in savings from a cost-cutting blitz.
January
Maggie Beer ponders how to save an empire built on verjuice
The food producer named after the country’s best-known cook has had a dismal two years. Will chairwoman Sue Thomas’ turnaround plan save the iconic brand?
September 2024
Maggie Beer opens data room for organic dairy biz Paris Creek Farms
The sale pitch leans heavily on Paris Creek Farms’ turnaround potential, suggesting it can make four times the revenue than it does under Maggie Beer Holdings’ watch.
August 2024
Maggie Beer Holdings caps disastrous year as it slumps to $28m loss
The gourmet food producer has lost its chief executive and chief financial officer in the past month, and has written down the value of several divisions.
August 2023
Maggie Beer banks on new products to arrest sliding sales
The CEO of the gourmet foods group says an expanded range of ice-cream should help, although shoppers are more cautious.
June 2023
Maggie Beer’s new boss aims to expand from ice cream to garden tools
The new CEO wants to lift sales to $300m in five years, expanding into pasta products, cooking utensils and gardening tools.
Exploiting the power of clean, green ‘Australian-made’ overseas
The label ‘Australian-made’ is a big drawcard for consumers in emerging markets, helping Vitex Pharmaceuticals to a 76 per cent growth rate on the Fast Global list.
Indigestion at Maggie Beer Holdings
The gourmet food producer’s share price is sinking, but the board says the $40m purchase of an online hampers business will pay off.
May 2023
Bubs board makes contingency plans for new CEO
It is looking less likely that chief executive Kristy Carr is coming back to the infant formula company she co-founded.
January 2023
Maggie Beer Christmas quarter sales ‘strong’
Investors are betting that more affluent shoppers will back off on buying gourmet food, ice-cream and pate as cost-of-living pressures rise.
December 2022
Maggie Beer taps Goodman Fielder exec as CEO
Maggie Beer Holdings’ new chief executive, Kinda Grange, comes with almost two decades at one of Australia’s largest consumer goods companies.
October 2022
Maggie Beer Holdings CEO to exit
The gourmet food producer makes 66 per cent of sales via e-commerce channels and CEO Chantale Millard says the time is right to depart.
August 2022
Maggie Beer quits dairy after plunge into the red
The gourmet food group with the celebrity chef as its figurehead now makes 66 per cent of all sales via e-commerce.
May 2022
Maggie Beer shares dive on $4.2m profit downgrade
The gourmet food group with the celebrity chef as its figurehead is losing patience with two smaller dairy businesses that may be sold.
February 2022
Why Maggie Beer is now an e-commerce queen
The timing of a $40 million purchase of an online hampers business has been golden, and given extra grunt to the gourmet foods producer.
December 2021
Maggie Beer’s recipe for long-term ASX success
The celebrity chef finds it a ‘little unreal’ to see her name up in lights on the ASX next to Macquarie Group and Medibank.
November 2021
Maggie Beer Holdings reinforces deliveries after Aust Post delays
The $40m acquisition of Hampers & Gifts put a rocket under online sales but also brought logistics headaches.
August 2021
Maggie Beer Holdings in lockdown sales spike
The gourmet food producer made it back into the black in 2020-21 after losses a year earlier and is eyeing $100m in annual revenue.
Top chef’s Barossa cooking class an experience to savour
Tim Bourke is happy to take a chance and get inventive as he showcases Maggie Beer’s recipes and local ingredients at his popular classes.
May 2021
Maggie Beer Holdings steps up e-commerce push
An avalanche of 100,000 pots of Maggie Beer quince paste will go into hampers after the $40m acquisition was approved.