Craft beer industry news.
Clearwater, Florida-based Big Storm Brewing closed its taproom at Orlando’s Kia Center earlier this month, bringing the former multi-taproom operator to one location, according to the Orlando Business Journal.
While it’s nice to be the official beer of a sports league … it’s apparently another thing to supply beer for player celebrations. I mean, we’re not made of money, folks. So alas, the only visibility that MICH ULTRA had in the CELTICS locker room celebration after winning the NBA Finals was … some signage in the background, as players celebrated with MILLER LITE, CORONA, HIGH NOON and even Boston’s own JACK’S ABBY.
The latest installment of Brewbound’s A Round With – a weekly Insider-exclusive Q&A series with industry leaders – features Chandra Richter, head of product development at Sprinter, the Kylie Jenner-backed line of ready-to-drink (RTD) vodka sodas.
Opportunities for craft beer lie in single-serve and non-alc offerings, according to Scott Scanlon, executive vice president of Beverage Alcohol at Circana.
On-premise chain accounts have bounced back from initial COVID-19 declines that shut down their businesses, but on-premise pains are far from over, according to CGA, the on-premise arm of market research firm NIQ.
Ball Corporation, the world’s leading manufacturer of aluminum beverage cans, is “keeping a close eye” on domestic beer and energy drinks as it plots its next few years, executives said during an investor day Tuesday.
Earlier this month, former 21st Amendment (21A) president and Crux Fermentation Project co-founder David Wilson died at age 54 after a brief battle with cancer.
Bernstein analyst Nadine Sarwat breaks down the pros and cons of a potential sale of Boston Beer Company. Sarwat also examines potential suitors, Wall Street’s view of potential deals and why Boston Beer continues to be in conversations around M&A.
Weeks after the death of founder Art Larrance, Portland, Oregon-based Cascade Brewing ceased operations on Monday, the Oregonian reported. Alissa Larrance, Art’s daughter, told the Oregonian that she delivered final paychecks to brewery staff Tuesday, though the brewery’s website says it is “temporarily closed.”
The latest data set from NIQ shows total BevAlc sales accelerated their decline in the two-week period ending June 1, reflecting faster volume drops and slightly softer pricing growth, according to analysis from Goldman Sachs Equity Research.
Tuesday’s edition of the Brewbound Newsletter features the Brewers Association’s review of onsite brewery sales data in Q1; Reyes-owned DET’s acquisition of 1.6M cases in TN; Brooklyn Brewery naming a new VP of sales; an analysis of Constellation Brands’ consumer demographics; Bart Watson’s breakdown of ‘wild’ hop acreage cuts; and Jon Stewart’s visit to an Asbury Park brewery.
Seasonal trends for onsite brewery sales have remained relatively consistent since January 2021, but “in real terms” – i.e. accounting for inflation – onsite sales continue to decline, according to Brewers Association (BA) staff economist Matt Gacioch, citing data from Arryved.
Five years ago, hard kombucha was expected to become the next big “fourth category” product, building off the initial momentum of hard seltzer, but promising bolder flavors and potential gut health benefits.
Urban Chestnut Brewing is a defendant in two lawsuits from lenders claiming the St. Louis, Missouri-based brewery owes them nearly half a million dollars.
