In this edition of People Moves: Founders executive chair to depart for hydroponics farm; Other Half splits with Eric Salazar; and New England Brewing Company hires Jamal Robinson.
Scottish craft brewers BrewDog are on pace to double its U.S. business this year. In an email to BrewDog USA wholesalers, chief revenue officer Adam Lambert reported that the company’s depletions (sales to retailers) increased 95% through the first eight months of the year. The company has also sold more than 320,000 case equivalents.
After about four years of discussion, the stalled effort to launch a brand agnostic, pro-beer marketing campaign to improve category health officially kicked off today in Austin, Texas. The so-called Beer Growth Initiative, a coalition of the industry’s three trade groups — the National Beer Wholesalers Association (NBWA), Brewers Association (BA) and Beer Institute (BI) — as well as large and small beer companies also revealed its first slogan: “Beers to That.”
The key summer selling season ended on a high note for the beer category, as dollar sales of beer, cider and FMBs increased 4.4% in off-premise retailers during the Labor Day holiday week (ending August 31) compared to the same time last year, market research firm Nielsen reported.
In the latest edition of Press Clips: Founders Brewing’s sale to Mahou San Miguel is valued at $198 Million; Colorado Brewers Guild names new executive director; Dark Horse Brewing behind on mortgage and property taxes; and Dogfish Head sends artifacts to the Smithsonian.
In the latest Last Call: Anheuser-Busch InBev resumes Asia-Pacific IPO application; Roak Brewing to acquire Dark Horse; Reyes closes on DBI deal; A-B appeals ‘No Corn Syrup’ preliminary injunction; and more.
Constellation Brands is closing another Ballast Point taproom. The New York-headquartered beer, wine and spirits giant plans to close the taproom and restaurant at its Daleville, Virginia, production facility by the end of September, according to the Roanoke Times. Constellation will also cut 25 full- and part-time workers, as well as 16 temporary employees, the outlet reported.
Fast-growing Massachusetts craft beer maker Wormtown Brewery has named Freetail Brewing founder Scott Metzger as its next general manager. The Worcester-based craft brewery informed its wholesalers of Metzger’s hire on Tuesday. Metzger will officially assume the role on September 25.
Deschutes Brewery is looking beyond beer and outside of its own brand for its big innovation of 2020. The Bend, Oregon-headquartered craft brewery today unveiled Modified Theory, a line of flavored malt beverages, during its annual distributor summit.
Three years after acquiring Seattle Cider Company and Two Beers Brewing Company, French agri-business cooperative Agrial Group is suing the beer and cider maker’s founder, Joel VandenBrink, for breach of contract and fiduciary duties for allegedly falsifying sales to increase a payout by $6.8 million. The Seattle Times first reported the story on Friday.
Charlotte, North Carolina-based Sycamore Brewing is diversifying its portfolio again with the launch of Beach Shack Coffee. Sycamore, which also makes the Wild Blossom cider brand, has begun selling canned and kegged cold brew, and also plans to offer fresh-roasted beans, said Sycamore Brewing VP of sales Archie Gleason. Sycamore — which was founded by husband-and-wife Justin and Sarah Brigham in 2013 — sees whitespace in the local Charlotte market for craft beer drinkers who like artisan coffee, Gleason said.
Rearrange the blocks, or sell them? That’s the question that Craft Brew Alliance CEO Andy Thomas seemed to be working through in a rare off-cycle conference call with investors and analysts today after his company’s largest playmate, Anheuser-Busch InBev, declined its long-held option to purchase the Portland, Oregon-headquartered craft beer maker.
Anheuser-Busch InBev has until March 2, 2020, to sell through Bud Light packaging that contains language and an icon indicating that the top-selling beer in the U.S. contains “no corn syrup,” a federal judge ordered today. Wednesday’s order is the latest development in the deceptive advertising lawsuit filed in March by MillerCoors against the world’s largest beer manufacturer.
Following last week’s news that Spanish brewer Mahou San Miguel had agreed to acquire a controlling stake in Michigan’s Founders Brewing Company, co-founder Mike Stevens told Brewbound that his goal of building “America’s next great brewery” remains unchanged. In fact, Stevens said Mahou’s investment brings that goal closer to reality.