August Supply -1% As Import Comps Recalibrate, per Beer Institute
August’s beer supply improved to down 1% year-over-year (YoY) due to an imports bounceback, according to the latest report from the Beer Institute (BI).
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Craft beer industry news.
August’s beer supply improved to down 1% year-over-year (YoY) due to an imports bounceback, according to the latest report from the Beer Institute (BI).
A new player has stepped onto the hard sports drink field. Firelyte (4.5% ABV) – a sports drink-inspired flavored malt beverage (FMB) from Bend, Oregon-headquartered Deschutes Brewery – rolled out last week.
Non-carbonated hard sports drinks may look and taste similar to Gatorade, Powerade and Body Armour, but they are forbidden from making health-related claims or even calling themselves sports drinks, McDermott, Will & Schulte partner Alva Mather reminded attendees during a recent webinar.
Beer losses and a slowdown in ready-to-drink cocktail sales drove the accelerated declines in Q3, according to the latest weekly off-premise report from market research firm Circana.
Federal agencies could use the Southern Glazer’s Wine & Spirits bribery probe as a “template” for future investigations into middle-tier pay-to-play schemes, McDermott Will & Schulte partner Julian André shared during the law firm’s webinar last week.
The beer industry has logged an inauspicious start to autumn, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
The sharp minds at the MARS INC. legal department seem to have caught on to potential issues raised by uh, everybody, around their POP-TARTS subsidiary doing an alcoholic beverage collab with Sazerac’s BuzzBallz.
The deal, announced today, caps the price gap between chains and nearby independents, and orders SGWS to pay retailers directly if it violates the settlement going forward.
Non-alcoholic social tonic maker Hiyo has closed an oversubscribed $20.8 million Series B round as it looks to build on its rapidly expanding retail footprint and push deeper into live entertainment and nightlife.
Anheuser-Busch InBev (A-B) VP legal and corporate affairs Cesar Vargas will retire in April 2027, ending a nearly decade-long stint with the company.
Craft’s off-premise declines accelerated last month as summer came to a close. As beer enters its slow season, those losses aren’t expected to improve much, but that could change if craft leans into the seasonal anomalies of imports, according to a new report from Bump Williams Consulting (BWC).
Two Roads Brewing is the latest craft brewery to form a sales partnership with U.S. Beverage (USB). The relationship kicked off on September 14, according to a press release.
Prepared cocktails recorded another strong performance in NIQ’s weekly off-premise scans report, as the rest of the industry continues to tackle year-over-year (YoY) declines.
The Guinness Open Gate Brewery in Baltimore will permanently close to the public on November 1, Diageo shared today.