New Belgium has a new chief marketing officer. The Fort Collins, Colorado-based craft brewery has appointed Rebecca Dye Yonushonis to the role, filling the vacancy left by Shaun Belongie with his appointment as CEO in November.
Blake’s Beverage Co. is looking to be a leader in not just hard cider, but all “fruit-forward fourth category innovation,” founder and CEO Andrew Blake told Brewbound.
Hope your St. Pat’s Day celebrations are off to a fine start given the calendar timing this year! Sean 2004 would likely already be a couple of pints in alongside ya at this time of day … but Sean 2024 is more likely just getting back from a yoga class. Listen – times change, people. Pretty sure we’re already getting close to Jess’ Saturday nap time.
Monster-owned Cigar City will shift the Tampa, Florida-based craft brewery’s production hub to a cross-category innovation center; as a result of the change, 12 positions have been terminated, Brewbound has confirmed. The company also eliminated the position of long-time and original brewmaster Wayne Wambles on February 9.
In the latest installment of Brewbound’s A Round With – a weekly Insider-exclusive Q&A series with industry leaders – Katie Beal Brown chats about the rollercoaster ride of turning a cherished family cocktail recipe into a nationally distributed, ready-to-drink product … and kicking off right before the pandemic turned the bev-alc world upside down.
Could the luck of the Irish be with bev-alc producers this month? Nearly one-third (32%) of consumers plan to celebrate St. Patrick’s Day, according to consumer research firm Numerator.
Allagash founder Rob Tod kicked off the 2024 California Craft Beer Summit discussing how the Portland, Maine-headquartered craft brewery is approaching the “tough” post-pandemic beer market.
The Consumer Price Index (CPI) for beer at home continues to tick up, increasing +3% last month (seasonally unadjusted) versus February 2023, according to the U.S. Bureau of Labor Statistics (BLS).
Off-premise dollar sales of craft beer declined -2.7% in the four-week period ending February 25 in Circana-tracked multi-outlet and convenience store scans. Craft scans are now down -2% year-to-date (YTD) through late February, amounting to a loss of around $12.3 million for the segment, with sales of $619.9 million, the Chicago-based market research firm reported. This comes as the average case price of craft beer is up +$0.75 in the last four weeks, to $43.44, and up +$0.64 YTD, to $43.39.
In this latest round of distribution news, we check in with new coconut vodka water, Mother’s Milk and another fruit-infused vodka cocktail named after the same parent, Mom Water, as well as craft distillers Heritage Distilling and Frey Ranch, plus news from rum Coconut Cartel.
Landlord issues have been a frequent reason cited among recent brewery closures. What do you need to look out for in a lease? When should you start renewal discussions? How do you navigate improvements? BPE Law Group associate attorney Melanie De Marco gives a leasing 101 course.
As it looks to scale up to meet fast-rising demand for new innovations, Liquid Death announced this morning it has closed a $67 million funding round at a valuation of $1.4 billion.