Anheuser-Busch InBev is in “active discussions” to sell its non-controlling interest in its joint venture in Russia, Efes, to its partner, Turkish brewer Anadolu Efes, the company announced today. Meanwhile, A-B InBev has appointed Ricardo Tadeu to the newly created role of chief growth officer as part of a restructure of the company’s commercial leadership team.
Retail sales of Molson Coors Beverage Company’s Topo Chico Hard Seltzer increased +67% year-over-year (YOY) in Q1 2022 compared to Q1 2021, according to the most recent “Beverage Bytes” retailer survey by Goldman Sachs analyst Bonnie Herzog.
A new non-profit organization is attempting to promote draft beer as the industry’s “most-ownable, differentiated weapon” in the on-premise channel, as well as the most sustainable choice in bars and restaurants.
Boston Beer Company’s big first quarter in 2021 as it built hard seltzer inventories is coming to roost a year later. The company reported declines in depletions and shipments of -7% and -25.1%, respectively in the first quarter of 2022.
A federal judge on Wednesday granted a nationwide injunction to Charlotte’s Sycamore Brewing Company in its trademark infringement case against Stone Brewing Company. The preliminary injunction will go into effect upon Sycamore posting a $50,000 cash bond.
The next chapter for Jim McGreevy, the outgoing president and CEO of the Beer Institute (BI), will be at the Coca-Cola Company’s North America Political Action Committees (PACS), as VP of public policy, federal government relations and political engagement (PPGR).
The Stone-Molson Coors trademark infringement legal saga continues to play out in a series of post-trial motions. This week, each side has filed motions, with Stone seeking additional damages on top of its $56 million jury award, and Molson Coors attempting to block Stone’s request for a preliminary injunction earlier this month.
Dodge City Brewing, including its Dodge City, Kansas-based taproom, five-barrel brewhouse, and intellectual property, has been listed for sale, following the intended retirement of co-founder and brewmaster Larry Cook.
Between non-alcoholic spirits, beers, wines and mocktails, the options for consumers have boomed over the past few years, but the rise of this category has also presented a challenge for retail buyers – raising questions of where in the store these zero proof products belong. Now, as retailers expand their NA offerings, some stores such as Washington-based Town & Country Markets, are creating sets exclusively dedicated to the new wave of non-alcoholic adult beverages.
Sycamore Founder: Stone Rejected Proposed Licensing Agreement; Charlotte Brewery to Seek Preliminary Injunction over ‘Keep It Juicy’ Trademark
Michigan’s Founders Brewing Company has cut eight jobs as it restructured its business to focus on the on-premise channel, a spokesperson confirmed to Brewbound.
WWE legend “Stone Cold’ Steve Austin and El Segundo Brewing Company leaders Rob Croxall and Tom Kelley share how their partnership on the Broken Skull line of beers works, the bump the beers received following this year’s WrestleMania, why their collaboration feels organic and the future of the brand.
The Bell’s Brewery portfolio is moving to the Reyes Beer Division in the majority of the wholesaler’s Indiana territory. Reyes, the largest beer distributor in the U.S., announced today that its Monarch Distributing subsidiary has closed on agreements for the Michigan craft brewery’s brand rights in its Indiana footprint, adding about 175,000 cases to Monarch’s operation.
BrewDog USA has permanently shuttered its Indianapolis-based taproom, a spokesperson confirmed Friday.
