Soft consumer spending on bev-alc and tariff uncertainty weighed on whiskey giant Brown-Forman’s fourth quarter fiscal year 2025 earnings and outlook for next year, triggering shares to plunge 15% Thursday morning.
JuneShine hires a new VP of Sales; Sunset Distributing installs its management team; Pilot Project hires its first business development director; and BJ’s gets a new CEO.
Triton Beverage Group is building a craft platform in southeastern Massachusetts. Less than two months after acquiring Plymouth-based Mayflower Brewing, the parent company of Hog Island Brewing has acquired Hyannis-based Cape Cod Beer, the oldest craft brewery on the Massachusetts peninsula. “This marks a major milestone for our team as we bring together three of… Read more »
Ohio Allagash fans rejoice: The Portland, Maine-based craft brewery is headed back to the Buckeye State. Allagash has partnered with Premium Beverage Supply to distribute its core portfolio of beers in Ohio, 20 years after the brewery pulled out of the state.
BA president and CEO Bart Watson addresses the Trump administration doubling tariffs on imported aluminum and steel.
Merchandise remains an important piece of Rhinegeist Brewery’s business, and the Cincinnati brewery is leveling up under the guidance of merchandise director Jenny Morrissey. Rhinegeist VP of marketing Tracey Ireland and Morrissey share the evolution of the company’s merch strategy from “marketing tool,” to an individual business unit.
Tilray Brands chairman and CEO Irwin Simon doesn’t believe the narrative that drinkers – including the youngest legal-drinking-age consumers – are giving up alcohol.
Director of member resources Dr. J Jackson-Beckham will leave the Brewers Association (BA) at the end of the month, after seven years with the trade group.
Although still in decline, craft beer’s dollar sales and volume losses eased up in May, according to the most recent off-premise report from market research firm Circana.
Since April 2023, Ohio fans of Hi-Wire Brewing could get a taste of North Carolina by visiting the brewery’s Cincinnati taproom. But as of this week, the location is now in the hands of Kentucky-based Braxton Brewing.
Memorial Day weekend failed to bring the positive kick-off to summer that bev-alc industry members were hoping for, according to the latest weekly scans report from market research firm Circana.
Nearly a quarter of consumers (23.3%) have stopped drinking, or are taking a break from bev-alc, according to a recent survey by Bump Williams Consulting (BWC).
The country’s second-largest beverage-alcohol distributor, Republic National Distributing Company (RNDC), is shuttering its operations in California, the country’s largest spirits market, after losing several major suppliers.
Memorial Day weekend (May 23-26) and the kick off of the summer selling season in bars and restaurants started slow, with year-over-year (YoY) total bev-alc dollar sales declining 4.4%, according to on-premise retail data tracker BeerBoard.
