Jefferies Distributor Survey: Optimism for Spring Recovery, Led by Mexican Imports
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
On-premise sales velocity increased +3% in the week ending May 7, following a -1% decline in the week ending April 30, according to a report from the market research firm CGA.
Spencer Brewery, the only Trappist brewery in the U.S., is closing its doors.
Before consuming a can of hard cider from Downeast Cider House, you have to commit a cardinal sin in beer: shake the can.
On-premise volume declined for the third consecutive period, decreasing -1.9% over the weekend of May 5-8 compared to the weekend before, according to the market research firm BeerBoard.
Ryan Burk, head cider maker for Boston Beer and Angry Orchard Hard Cider, has left the company, effective April 30.
Marc Sorini, general counsel for the Brewers Association (BA), and Katie Marisic, BA director of federal affairs, gave members a rundown on pending legislation and new regulations in 2022, during the Craft Brewers Conference (CBC) in Minneapolis last week.
Winners of the World Beer Cup – an international beer competition organized by the Brewers Association (BA) – were announced Thursday for the first time since 2018, at the conclusion of Craft Brewers Conference (CBC) in Minneapolis.
Los Angeles-based Calidad Beer, known for its Mexican-inspired lager, launched its first brand extension today: Agua Fresca, a line of hard seltzers.
Hard kombucha maker JuneShine released Permanent Vacation today in collaboration with DJ, songwriter and JuneShine investor Diplo.
“We’ll know the future of Modern Times by the end of June, I can confidently say that,” Jennifer Briggs, CEO of the San Diego, California-based brewery, said during a discussion Tuesday with Brewers Association (BA) president and CEO Bob Pease at the Craft Brewers Conference (CBC) in Minneapolis.
“How you interpret the numbers this year is really a matter of perspective,” Bart Watson, chief economist for the Brewers Association (BA), said in his state of the industry address today during Day One of the Craft Brewers Conference (CBC) in Minneapolis.
The beer industry has continued to “revert to pre-pandemic trends” for the fourth consecutive month, according to the National Beer Wholesalers Association’s (NBWA’s) April Beer Purchasers’ Index (BPI).
Legacy beer publication All About Beer was resurrected this week when beer journalists Andy Crouch and John Holl announced they acquired the outlet’s intellectual property and archives from its former owners. Weathered Souls Brewing co-founder Marcus Baskerville and Rahr Malting have partnered to launch the Harriet Baskerville Incubation Program, a Charlotte, North Carolina-based educational and mentoring platform aimed at diversifying the craft beer industry.