Anheuser-Busch InBev’s (A-B) U.S. chief marketing officer Benoit Garbe will resign at the end of the year, the company announced today. Garbe is departing to “embark on a new chapter in his career,” according to an A-B spokesperson.
Most production at New Orleans-based Faubourg Brewing will cease next month, Faubourg parent company Made By The Water (MBTW) announced this week.
Brooklyn-based Other Half Brewing Company has a deal to purchase Young Lion Brewing Company’s brewery and taproom in Canandaigua, New York, the companies announced today. The Young Lion brand and intellectual property was not included in the transaction.
Gen Z is pushing alcohol abstention to new record lows, according to a recent report from NIQ. But that doesn’t mean the youngest legal-age generation isn’t drinking— they’re just doing it differently, and in an era when there are more BevAlc (and replacement) options than ever.
Red Tree Beverages, Coca-Cola’s “firewalled, wholly owned” subsidiary to explore beverage-alcohol, has no intention of getting into the distribution business, Red Tree president Jenny Dowdy said yesterday during Beer Marketer’s Insights fall seminar.
After a seven-month slowdown, beer inflation “has reemerged in the past three months,” Brewers Association (BA) chief economist Bart Watson wrote on Twitter/X, following the release of the October Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS).
Boston Beer Company has the No. 1 share of the hard tea segment with Twisted Tea, the more than 20-year-old flavored malt beverage brand that continues to record exponential growth in scans.
For its sophomore year, Heineken Silver will get another $100 million investment, Heineken USA leaders announced during the company’s annual business planning meeting. Heineken USA CEO Maggie Timoney shared the U.S. subsidiary of the Dutch brewing giant had learnings and has already “corrected” course for its low-cal, low-carb offering. In the 52 week-period ending September… Read more »
On-premise sales velocity slowed slightly in recent weeks, down -2% week-over-week (WoW) in the latest week (ending November 5) and -3% in the previous week, according to CGA, a NIQ-powered on-premise market research firm, in the latest On-Premise Impact Report.
The Brewers Association (BA) published its first Salary and Benefits Benchmarking Report since 2020. Sixty breweries responded with information about 80 common industry jobs, representing 7,396 employees.
In a significant win for the burgeoning industry, the New York Supreme Court ordered yesterday a preliminary injunction against the emergency measures that abruptly halted the sale of hemp-derived THC-infused products in August
After 10 years in business, Portland, Oregon-based Ecliptic Brewing has agreed to be acquired by Great Frontier Holdings – the craft beverage platform formed by the merger of Ninkasi Brewing and Wings & Arrow earlier this year. Citing a “really challenging” “past two years,” Ecliptic founder John Harris announced the sale on the brewery’s social media pages Wednesday evening.
Domestic tax paid shipments from U.S. breweries have now declined for seven months in a row, declining an estimated -7.4% (nearly 14.3 million barrels) in September versus September 2022, according to the Beer Institute (BI) in the trade group’s latest round of monthly economic reports.
In turbulent times, the supply chain rollercoaster delivers more chills than thrills. Fear not – Agrowgate partners Tim Near and David Van Wees joined Justin on the Brewbound Podcast this week to break down everything craft beverage producers need to know. This year, harvests of oats and other grains were down, which could potentially increase… Read more »
