As the craft beer segment matures and sales slow, a lot of brewers are trying to figure out the path forward. That seemed to be the unofficial theme of the week.

Constellation Brands’ beer business topped $7.456 billion in net sales, an +11% year-over-year increase (YoY), during its 2023 fiscal year, which ended February 28, the company reported today during its full-year and fourth-quarter earnings report.

California Black-owned breweries Full Circle Brewing and Speakeasy Ales & Lagers announced a merger today that the companies say will create the largest Black-owned brewing company in the U.S.

The name Bevana has popped up in several brewery partnership announcements over the last couple of years. The Newton, North Carolina-based company has partnered mostly with companies in the southeastern U.S. Deciphering what Bevana does isn’t easy. Aaron Gore, Bevana senior director of business development, admitted that the platform has been “willfully vague” in the past about its services.

Nearly five years after it opened, Diageo will cease the majority of production later this spring at what was its first Guinness production brewery in the U.S. since 1954.

The job cuts in the tech sector have finally touched beverage-alcohol. Drizly, the Uber-owned alcohol e-commerce delivery platform, underwent “company wide” layoffs that affected around 100 roles. Brewbound’s Zoe Licata first to reported.

The Federal Trade Commission (FTC) has begun an antitrust investigation into Southern Glazer’s Wine and Spirits, reviewing how the nation’s largest alcoholic beverage distributor may have favorably priced wine and liquor that advantaged larger retailers, according to Politico, citing three anonymous sources “with knowledge of the probe.”

Dogfish Head co-founder Sam Calagione has been hitting the road to promote the company’s new year-round offering Citrus Squall, a higher ABV beer-cocktail hybrid, and its spirits-based canned cocktails at retailers across the country.

Jerry Steinman, the founder of beer industry trade news source Beer Marketer’s Insights, died at age 99 on March 25.

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.