Brewbound Podcast: A State of Craft Update with Bart Watson and Katie Marisic of the Brewers Association
Brewers Association (BA) chief economist and VP of strategy Bart Watson provides insights into the state of the craft brewing industry, while senior director of federal affairs Katie Marisic gives an overview of the trade group’s government affairs work on the latest edition of the Brewbound Podcast.
👨💼 Great Lakes CEO Mark King Resigns
Brewbound Insider newsletter: Great Lakes’ leadership shakeup; A-B’s U.S. shipments and depletions decline double digits; Lead Dog Brewing founder buys back brewery; Goose Island’s Salt Shed location opens; and Boulevard hits the Jackpot with Tank 7.
James Watt Steps Down as BrewDog CEO, Assumes ‘Captain’ Role
BrewDog co-founder James Watt has stepped down as CEO of the Scottish craft brewery and will assume the new role of “captain” and co-founder, while also serving as a non-executive director on the company’s board of directors, according to multiple news reports.
A-B US Shipments -10.1%, Depletions -13.7% in Q1, Final Quarter Before Boycott Comps
Anheuser-Busch InBev’s (A-B) U.S. businesses recorded double-digit shipments and depletions declines in Q1, the final quarter before the company begins to lap initial accelerated declines from the conservative-led boycott of Bud Light that began in April 2023.
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Great Lakes CEO Resigns; Commercial and Operations Chiefs Named Interim Co-CEOS
Great Lakes Brewing Co. (GLBC) CEO Mark King has stepped down from the top position at the Cleveland, Ohio-based craft brewery, effective April 24, the company announced today.
Craft Declines Accelerate Through Late April; A Look at Price Swings in Circana Scans
Craft beer scans declined -3% in the four-week period ending April 21 in multi-outlet and convenience stores, tracked by market research firm Circana. Volume, measured in case sales, tumbled -4.7% in the period, the firm added.
CGA Impact Report: Planned On-Premise Visits for Mother’s Day -10 Points Versus 2023
A majority of consumers plan to celebrate Mother’s Day outside of bars and restaurants, according to the latest impact report from CGA, a NIQ-powered on-premise market research firm.
NIQ: As RTDs Become Mega Category, FMBs, Spirits-Based RTDs Grab Shelf Space
With changing demographics and drinking habits, and as inflation and desire for convenience shifts shopping patterns, suppliers should view ready-to-drink (RTD) offerings as a unique mega category, according to a new report from NIQ.
BA Focusing on Legislation to Widen Market Access for Craft Brewers
The Brewers Association (BA) is prioritizing legislative efforts that widen craft brewers’ market access as the segment faces a challenging sales environment and narrowing distribution routes, BA general counsel Marc Sorini said during a presentation at the Craft Brewers Conference (CBC) last month in Las Vegas.
🌭 INSIDER’S Week in Beer: You Had Me at $1 Weiners
Well, $1 hot dog night at CITI FIELD was clearly a resounding success this week, although sadly it was still accompanied by $15 beer night.
Beer Institute: Decelerated March Shipments Bring Q1 Into the Red; All 50 States Report Shipment Declines
Domestic tax paid shipments declined an estimated -13.6%, to 12.7 million barrels, marking a loss of more than 1.9 million barrels in March 2024 versus March 2023, according to Beer Institute chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Golf Brand Bob Does Sports Swings into RTDs with Help From BevAlc Influencer Accelerator
The vast majority of shoppers (82%) can’t match influencers to the brands they own, according to a new report from Numerator— but that’s not discouraging influencer or celebrity brands from trying. One BevAlc company, co-helmed by the founder of hydration drink brand Roar Organics, is even building its business model around quickly bringing influencer brands to market.
A Round With … Craft ’Ohana’s Scott Metzger
On the heels of the 2024 Craft Brewers Conference (CBC), Brewbound caught up with Craft ’Ohana president and COO Scott Metzger for our weekly Insider-exclusive A Round With Q&A series. Metzger shook up CBC with a real talk chat titled “Your Brewery Is a Business, Not a Hobby.” Metzger discusses the talk, the path forward for craft brewers and how Craft ‘Ohana brands are performing.
Monster Co-CEO Rodney Sacks Announces Succession Plan in Q1 Earnings Call
Monster Beverage Corporation chief executive Rodney Sacks laid out a likely succession plan Thursday that will eventually see co-CEO Hilton Schlosberg taking over the role entirely, as Sacks is “considering” reducing his day-to-day duties sometime next year.