News

Craft beer industry news.

Non-Alcoholic Beer Grabs 4.2% Share of Beer Grocery Sales in January; Sales +23.5%, Volume +20%

Non-Alcoholic Beer Grabs 4.2% Share of Beer Grocery Sales in January; Sales +23.5%, Volume +20%

Non-alcoholic (NA) beer claimed a record 4.2% share of beer category grocery sales during Dry January, according to an analysis by Bump Williams Consulting chief strategy officer Dan Wandel. NA beer recorded double-digit year-over-year (YoY) increases in dollar sales (+23.5%) and volume (+20.2%) in U.S. food stores tracked by market research firm NIQ for the four-week period ending February 1.

Molson Coors FY24 Shipments -6.4%, Depletions -3.4%; Expect Low-Single-Digit Growth in 2025

Molson Coors FY24 Shipments -6.4%, Depletions -3.4%; Expect Low-Single-Digit Growth in 2025

Molson Coors Beverage Company’s overall business remained in the red as the company closed its 2024 fiscal year. However, the fourth quarter showed improvement over the double-digit declines reported in Q3, and leadership is confident the company can return to growth in 2025, according to Molson Coors’ earnings call today with investors and analysts.

Hailee Steinfeld Unveils RTD Cocktail Brand Angel Margarita

Hailee Steinfeld Unveils RTD Cocktail Brand Angel Margarita

Actress and singer Hailee Steinfeld is the latest celebrity seeking to make a splash in the crowded ready-to-drink cocktail space, announcing today the launch of Angel Margarita in partnership with Jordi Zindel and Rodrigo Hernandez of Premium Beers Group.

🤠 Tilray Holsters Revolver, Moves Production

🤠 Tilray Holsters Revolver, Moves Production

Tilray Ceases Large-Scale Production at Revolver; Boston Beer Boosts Executive Pay +3%-8%; DISCUS: 2024 Spirit Sales Flat; People Moves at the BA and Mass Brewers Guild; Circana: Bev-Alc in Red Ahead of Super Bowl; ‘We’re Confusing the Hell Out of Shoppers.’

Tilray Ceases Large-Scale Production at Revolver; Taproom Remains Open

Tilray Ceases Large-Scale Production at Revolver; Taproom Remains Open

Tilray Brands is moving large-scale production from Revolver Brewing’s facility in Granbury, Texas, to other facilities, the company confirmed in a statement to Brewbound. Revolver’s Texas location “will continue to operate, focusing on unique and innovative brews, and the taproom will remain open.”

US Spirits, Beer Advocates Brace For Steel And Aluminum Tariffs

US Spirits, Beer Advocates Brace For Steel And Aluminum Tariffs

American bev-alc suppliers are still in the crosshairs of a trade war. On Sunday, President Donald Trump reignited trade tensions with the European Union, threatening to bring back policies that hit American spirits exports hard in his first term.