News

Craft beer industry news.

Molson Coors Appoints Rahul Goyal as Next President and CEO

Molson Coors Appoints Rahul Goyal as Next President and CEO

Molson Coors named long-time chief strategy officer Rahul Goyal as the company’s new president and CEO, succeeding Gavin Hattersley who announced in April plans to retire at the end of the year.

🥨🎃🎄 Happy OktobHalloChristmasWeenFest from Great Lakes

🥨🎃🎄 Happy OktobHalloChristmasWeenFest from Great Lakes

Well, I’m not saying the beer biz is desperate, but it seems pumpkin and Oktoberfest beers have a legitimate competitor in the 2025 Seasonal Creep Award competition (trust me, you don’t wanna know what the award is). GREAT LAKES made an announcement for their Christmas Ale on … September 10.

CGA: Labor Day On-Premise Velocity -10% vs. 2024; Drink-Led Outlets Find Growth

CGA: Labor Day On-Premise Velocity -10% vs. 2024; Drink-Led Outlets Find Growth

This year’s lackluster Labor Day was not exclusive to the off-premise, according to the latest report from CGA, the on-premise arm of market research firm NIQ. Sales velocity at bars and restaurants declined 10% on Labor Day (Monday, September 1) compared to the holiday in 2024 (Monday, September 2).

Bev-Alc Sales Dip As Spirits and Wine RTDs Offer Bright Spots

Bev-Alc Sales Dip As Spirits and Wine RTDs Offer Bright Spots

Bev-alc sales declined in the two-week period (L2W) ending September 6, although cider, as well as wine and spirits-based ready-to-drink (RTD) continue to buck the trends, according to analysis of NIQ data from Goldman Sachs Equity Research.

The Summer Scans Turned Unpretty

The Summer Scans Turned Unpretty

On the latest Brewbound Podcast, the Brewbound team closes the book on a lackluster selling season. Brewbound senior reporter Zoe Licata breaks down the final round of off-premise data, with a letdown from the historically sales boosting summer beer occasions.

Island Brands USA Co-Founders Face Investor Lawsuit; New Owners Take Over

Island Brands USA Co-Founders Face Investor Lawsuit; New Owners Take Over

Island Brands USA, its founders and several related business entities are facing an investor lawsuit alleging fraud. Lisa Pollner and Caleb Fournier, a wife and husband who befriended Island co-founders Scott and Meghan Hansen, claim the Hansens breached their fiduciary duty and committed fraud by using hundreds of thousands of dollars invested in the lager brand for personal benefit.