Move over domestic premiums, imports are king. Imports overtook domestic premiums in dollar sales in NIQ-tracked off-premise channels in the four-week period ending April 20, making imports the No. 1 beer segment in scans.
Craft finished Q1 with dollar sales nearly flat year-over-year (YoY), declining -0.3% in NIQ-tracked off-premise channels (total xAOC + liquor plus + convenience) through March 30, Bump Williams Consulting (BWC) reported in its first quarterly craft report for 2024.
The first round of interviews from the Brewbound Podcast On Location at the Craft Brewers Conference (CBC) in Las Vegas are here. Breeze Galindo, the director of operations on the Michael J Jackson Foundation for Brewing and Distilling, discusses the foundation’s work. Then, Icicle Brewing owner Pam Brulotte chats about her journey into the brewing industry.
Spokane, Washington-based No-Li Brewhouse has filed a lawsuit against Tilray Brands alleging that the beer and cannabis platform has infringed on its trademark for “Big Juicy” beers, according to Law360.
Molson Coors’ shipments in the Americas outpaced depletions by more than 750,000 hectoliters (more than 639,000 barrels), exceeding the company’s already inflated expectations for Q1 as it prepares for elevated summer sales, leadership shared today on a call with investors and analysts.
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor.
Molson Coors net sales increased +10.7% (+10.1% in constant currency) in Q1 2024, as the company continues to record volume growth from its core brands, the company reported today.
Firestone Walker is the latest top craft player to enter the non-alcoholic (NA) beer space by leveraging the brand equity of its biggest brand. 8ZERO5 blonde, an NA version of the Duvel Moortgat-owned craft brewery’s 805 flagship, will only be available in its home state of California following Labor Day.
Turiya Luzadder, a former strategic analyst for Molson Coors, has joined 3 Tier Beverages as the Chicago-based data analytics and sales consulting firm’s first chief operating officer (COO).
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Fresh off the announcement that he and his brothers and business partners have struck a deal to acquire Worcester, Massachusetts-based Wormtown Brewery, Jack’s Abby co-founder and CEO Sam Hendler discussed the deal in depth with Brewbound.
It appears that beer distributors are optimistic about the beer category’s upcoming spring/summer performance. The category posted a Beer Purchasers’ Index (BPI) reading of 62 for the month of April, marking the highest BPI reading, and first reading above 60, since December 2021,
Well, anyone planning on doing a Carl Spackler-style “cannonball” at this year’s Oktoberfest needs to re-strategize. Yes, the Germans have totally pulled a narc move and are banning the smoking of marijuana at this year’s Oktoberfest celebrations.
Jack’s Abby will acquire fellow Massachusetts-based craft brewery Wormtown Brewery, and will operate the two breweries under the newly created parent company Hendler Family Brewing Co.
