After a decade of leading Diageo, CEO Sir Ivan Menezes will retire as CEO and exit the company’s board of directors, effective June 30, the beer and spirits giant behind Guinness and Johnnie Walker announced today.

Orpheus Brewing will close its taproom and production facility in Atlanta on April 23, but the brand will live on as it transitions into beverage platform Bevana’s portfolio, Orpheus founder and brewmaster Jason Pellett shared Sunday on Twitter.

This week, we have a tale of two market expansions and one is off to either a great start (selling more beer than expected) or a rough one (running into out of stocks), depending on your perspective.

Firestone Walker’s best-selling 805 brand is headed to Kansas and Missouri later this month. The Paso Robles, California-headquartered craft brewery officially announced today the addition of the two Midwestern states to the 805 brand’s distribution footprint, which will now encompass 14 sta

“We are beer culture now,” Firestone Walker co-founder David Walker opined Tuesday morning during the keynote speech at the California Craft Brewers Association’s Summit in Sacramento.

D.G. Yuengling & Son’s joint venture with Molson Coors has run into supply issues just weeks after rolling out packaged beer in Missouri, Kansas and Oklahoma.

As the Brewbound team gets ready to embark on another road trip next week, Zoe and Jess are wrapping up their own recent journeys. Zoe ventured to Maine for the New England Craft Brew Summit in Portland, and she picked up more than a few nuggets from that trip. Notably, Brewers Association chief economist Bart Watson offered an early read on 2022 production numbers.

Athletic Brewing’s non-alcoholic (NA) beers may soon be on tap at a bar or restaurant near you. The Connecticut-based NA brewery posted a photo on Twitter this week of co-founders John Walker and Bill Shufelt “headed down to NYC to deliver our first kegs.”

The world’s largest manufacturer of aluminum cans is considering closing another production facility. Ball Corporation announced today that it has notified employees and union representatives of the potential closure of its plant in Wallkill, New York, as part of its collective bargaining agreement.

A federal jury has found that Constellation Brands’ production of products such as Corona Hard Seltzer and Modelo Ranch Water does not violate the company’s licensing agreement with Anheuser-Busch InBev (A-B).

Off-premise dollar sales of craft beer declined -4%, to nearly $620.8 million, while case sales dipped -8.6% year-to-date through February 26 in multi-outlet and convenience stores (MULC) tracked by Circana, the market research firm formerly known as IRI.

The collapse of Silicon Valley Bank (SVB) last week left at least one craft brewery scrambling heading into last weekend. Castle Island Brewing Co. found its bank accounts “completely frozen” as of Friday, as federal regulators assumed control of the bank’s operations, founder and CEO Adam Romanow told Brewbound.

For only the second time in its 43-year history, Sierra Nevada has invested in another beverage company, albeit for a minority stake. The Chico, California-headquartered craft brewery announced it has made a minority investment in Riot Energy, a Venice, California-based energy drink maker.

More consumers plan to celebrate St. Patrick’s Day this year compared to 2022, according to data insights firm Numerator.