Beer Industry News, Insights, Jobs, & Events

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Non-alcoholic social tonic maker Hiyo has closed an oversubscribed $20.8 million Series B round as it looks to build on its rapidly expanding retail footprint and push deeper into live entertainment and nightlife.

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Craft’s off-premise declines accelerated last month as summer came to a close. As beer enters its slow season, those losses aren’t expected to improve much, but that could change if craft leans into the seasonal anomalies of imports, according to a new report from Bump Williams Consulting (BWC).

Stateside’s Matt Quigley on Super Lyte Summer as Hard Sports Drinks Explode

Stateside’s Matt Quigley on Super Lyte Summer as Hard Sports Drinks Explode

How do you balance two brands that are runaway successes? Stateside Brands president Matthew Quigley explained on the latest edition of the Brewbound Podcast how the maker of vodka iced tea brand Surfside is juggling the addition of Super Lyte, a non-carbonated hard sports drink (vodka + ade).

Relaxation at the Center of $300M Intoxicating Hemp Beverage Business

Relaxation at the Center of $300M Intoxicating Hemp Beverage Business

Relaxation and anxiety/stress release are the top reasons consumers say they’re drinking intoxicating hemp beverages, market research firms NIQ and MRI-Simmons, and alcohol alternatives database the Dry Atlas shared during a webinar Tuesday.

Breakthru CCO Talks RNDC Deal Exit, Emerging Categories

Breakthru CCO Talks RNDC Deal Exit, Emerging Categories

After backing out of a deal for Republic National Distributing Company’s (RNDC) Kentucky and Indiana operations in August, Breakthru Beverage is charting a cautious path forward.