Zoe Licata joined Brewbound in 2021 after several years of freelance reporting and documentary work. She’s a Massachusetts native, guinea pig for bev-alc innovation and savant in Gen Z culture.
Constellation Brands is exiting the craft beer business. Constellation, which has found success with Mexican import brands Modelo, Corona and Pacifico, said it will divest of its craft and specialty division to refocus its efforts on its core brands. As such, Funky Buddha Brewery in Florida and Four Corners Brewing Co. in Texas will return to their respective original founders.
More regional craft breweries beyond the top 50 recorded a decline in production in 2022 than breweries that increased production, according to data published in the May/June edition of the Brewers Association’s (BA) New Brewer Magazine.
Boston Beer Company’s promised refresh of Truly Hard Seltzer started hitting shelves this spring, with new packaging, real fruit juice and new campaigns designed to communicate a “clearer message” to consumers.
The U.S. beer industry recorded $409.2 billion of economic output in 2022, making up about 1.6% of the country’s gross domestic product (GDP), according to latest Beer Serves America report, a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).
Nearly a quarter of consumers (22%) surveyed by e-commerce alcohol delivery platform Drizly plan to reach for ready-to-drink canned cocktails (RTDs) the most this summer, a -17% decline versus 2022, according to Drizly’s fifth annual Consumer Trend Report.
Appalachian Mountain Brewery and Cidery (AMB) is returning to familiar ownership. Nathan Kelischek and Chris Zieber, founders of the Boone, North Carolina craft brewery, have agreed to purchase AMB from Anheuser-Busch InBev (A-B), according to a press release.
Cue DJ Khaled’s “another one.”
The trend of craft breweries extending their flagship beers continues. The latest is Monster-owned CANarchy’s Oskar Blues Brewery, which has extended its Dale’s Pale Ale.
The 2023 edition of Russian River’s Pliny the Younger generated a record $6.3 million in economic impact, a more than $200,000 increase over last year’s record-breaking release, according to the Sonoma County Economic Development Board (EDB).
While Brewers Association (BA) chief economist Bart Watson warned of continued craft declines during his keynote speech Monday at the Craft Brewers Conference (CBC), BA president and CEO Bob Pease shared a message of optimism while on stage in Nashville.
The craft brewing industry has entered a “new normal” of slow to no growth, Brewers Association (BA) chief economist Bart Watson shared during the keynote speech of the 2023 Craft Brewers Conference in Nashville.
Stone Brewing must pay past rent on the brewpub it shuttered in Napa, California, in October 2021, according to a court ruling. Tilray-owned SweetWater Brewing will open two new branded bars at Mercedes-Benz Stadium in its hometown of Atlanta.
Oregon regulators have agreed to settle a federal lawsuit filed by Washington breweries last year, allowing out-of-state brewers to ship beer direct-to-consumers (DTC) in the Beaver State.
Molson Coors recorded both top- and bottom-line growth – in addition to volume declines – in Q1 2023, the company announced today.
The past week at Rhinegeist has been one of “a lot of disruption” but also “minimal anxiety and the sense of calm,” following the appointment of chief commercial officer Adam Bankovich to interim CEO, Rhinegeist co-founder Bryant Goulding told Brewbound.
