Craft beer industry news.
Facing declining sales and a list of creditors, the parent company of Inglewood, California-based Three Weavers Brewing has filed for Chapter 11 bankruptcy.
Tilray Brands’ 2025 fiscal year ended with mixed results, as the Canadian cannabis and U.S. craft beer platform generated $821.3 million in net revenue ($833.7 million in constant currency) across its various business units for full-year 2025 (FY25, ending May 31, 2025), marking a 4% increase year-over-year (YoY).
After years of rapid growth, warnings that the U.S. craft beer industry was approaching oversaturation have become a reality for brewers. Combined with a new generation of young adults less thirsty for alcohol than their forebears and the impacts of new and increased tariffs, craft brewers are seeing a growing wave of mergers, acquisitions and divestments shake out and transform the industry landscape.
Lakeland, Florida-based Brew Hub’s next era has been solidified, several months after news broke that contract brewing company’s facility had been foreclosed by its bank. Great Southern Copackers has acquired the company and building, and will rebrand it as Great Southern Beverages.
After reaching nationwide distribution in 2023, Bell’s Brewery has refocused on its core Great Lakes markets. New Belgium CEO Shaun Belongie explained that the Michigan craft brand struggled in far away markets, leading the company to double down at home.
Bev-alc scans improved in the latest week (data ending July 20), with dollar sales increasing 3% week-over-week (WoW) in Circana-tracked off-premise channels, the market research firm shared in its latest report.
Craft remained in the red in the last four weeks (L4W, data ending July 13), with dollar sales (-4.7%) and volume, measured in case sales, (-6.3%) in Circana-tracked off-premise channels (multi-outlet plus convenience) both failing to keep up with 2024 comps. However, craft’s declines decelerated compared to the previous L4W (data ending June 15), when dollar sales were down 6.7% and volume declined 8.4%.
Rémy Cointreau has acquired a minority stake in French non-alc spirits company JNPR, joining other major spirit groups with bids on the growing category.
E-commerce beverage-alcohol platform Provi and Republic National Distributing Company (RNDC) have reached a “mutually satisfactory resolution” of their yearslong legal battle, which has ended with a settlement, the companies announced.
As the heat index crosses the 100-degree mark here on the Jersey Shore … what better topic to get excited about than refreshing 14% ABV barrel aged stouts!
Hard tea continued to fill Boston Beer’s sails in Q2, but it was newbie Sun Cruiser that put in the brunt of the work rather than veteran Twisted Tea, company leadership shared Thursday during a call with investors and analysts.
Concessions workers at Boston’s Fenway Park have gone on strike and their union, Unite Here Local 26, is asking spectators not to purchase food or drinks while attending Red Sox games.
More than one-third (34%) of distributors believe this summer will be stronger for beer sales than summer 2024, according to a recent survey by Goldman Sachs.
Q2 was once again a thorn in Boston Beer Company’s side, despite a rosier Q1, according to financial results released by the company late Thursday. Boston Beer shipments (sales to wholesalers) declined 0.8% year-over-year (YoY), while depletions (sales to retailers) declined 5% for the three-month period ending June 28.
