Search across the BevNET CPG Media network including BevNET, Nosh, Brewbound, Taste Radio, Nombase and CPG Jobs.
Justin Kendall
Editor, Brewbound
Justin Kendall provides daily coverage of the beer industry on Brewbound.com, conducts live-streamed interviews during Brewbound’s events and co-produces the Brewbound podcast. Kendall is a nearly 20-year career journalist who led alt-weekly newspapers in Kansas City, Missouri, and Des Moines, Iowa.
Less than two weeks after Chicago’s Revolution Brewing announced a deal for a branded taproom at Guaranteed Rate Field, Anheuser-Busch-owned Goose Island, also based in the Windy City, has inked a multi-year deal to become the “official craft beer” of the Chicago White Sox.
For the second consecutive year, U.S. craft beer exports grew in the low-single digits. However, growth of international shipments has slowed considerably as the export market has matured and competition from brewers in those foreign markets has increased. The Brewers Association (BA) announced Tuesday that U.S. craft beer exports grew 3.6 percent, to 482,309 barrels, in 2017.
After raising more than $6 million from investors over the last five years, Sonoma Cider has ceased operations at its production facility and taproom in Northern California, the Santa Rosa Press Democrat reported. In a statement issued to the Press Democrat, Sonoma Cider co-founder and CEO David Cordtz said the Healdsburg-based maker of hard cider products “suddenly and without warning” lost its investor funding and closed as of March 28.
Anheuser-Busch InBev today announced a voluntary recall in the U.S. and Canada of a “limited” number of Stella Artois bottles that may contain glass particles due to a packaging defect.
Another chapter in the story of Green Flash Brewing’s distressed financial situation was written today as the San Diego-based company announced plans to close its Cellar 3 barrel-aging facility and taproom in Poway, California.
Over the last two years, brewery-owned taprooms and satellite retail outposts have emerged as both lucrative profit centers for emerging craft beer makers and an opportunities to deliver unique experiences to thirsty consumers. But as the number of taprooms has grown, so too have concerns about their impact on the three-tier system.
Constellation Brands reported its fiscal-year 2018 earnings on Thursday, which were highlighted by a 3 percent increase in total net sales, to more than $7.6 billion. Net sales of Constellation Brands’ beer brands — including Mexican import labels Corona, Modelo and Pacifico as well as craft breweries Ballast Point and Funky Buddha — increased 10.1 percent, to about $4.7 billion.
A pair of beer brands have inked sponsorship agreements with Major League Soccer’s LA Galaxy. Craft Brew Alliance today announced a “multi-year partnership” with the Galaxy for its Kona brand to become the club’s official craft beer. Specific financial terms of the sponsorship were not disclosed.
Nearly three months after departing MillerCoors, Keith Villa, who invented the company’s Blue Moon craft brand, has announced his second act. Villa has launched a new company, called Ceria Beverages, that will focus on producing a line of non-alcoholic cannabis-infused craft beers.
In this edition of Press Clips: BrewDog revenues increase 55 percent in 2017; a federal judge rules against brewery to-go sales in Texas; two A-B High End craft breweries release Yankees and Nationals branded beers; and much more.
In the latest Legislative Update: A Louisiana Senator wants younger adults to drink; Massachusetts says no to CBD beer; and more from South Dakota and Kansas.
In the latest edition of Press Clips: Yuengling adds Golden Pilsner to its year-round lineup; Pabst launches new legacy brand offerings; fire shutters Rogue’s San Francisco pub; and more.
In the latest Legislative Update: Maryland’s Reform on Tap Act dies in committee; the Massachusetts Senate revives franchise law reform bill; and more state news.
Despite initially reaching a verbal agreement to sell Smuttynose Brewing to a New Hampshire entrepreneur, Provident Bank has found another buyer for the distressed craft brewery. Runnymede Investments, a North Hampton-based venture capital and investment firm, has agreed to purchase the struggling brewery and restaurant for an undisclosed sum. The deal for Smuttynose comes exactly one week after the Portsmouth-area beer company was sold at a public auction to Provident Bank, its lead lender, for $8.25 million.