The Brewbound team, along with Brewbound Weekend Insider newsletter writer Sean McNulty, reviews the Brewers Association’s annual craft beer volume data. The team also discusses the latest craft brewery deals, including Funky Buddha and Appalachian Mountain Brewery returning to independent brewery status, and FX Matt buying the Flying Dog Brewery brand.
Music mogul and entrepreneur Sean “Diddy” Combs is suing business partner Diageo today alleging that the brands he co-owns with the spirits group, Cîroc Vodka and DeLeon Tequila, were given worse treatment because he’s Black.
Portfolio brand Wings & Arrow, whose brands include Ashland Hard Seltzer, Mucho Aloha Hard Lemonade, Villager Spirits canned cocktails and Wings & Arrow beer, is merging with Eugene, Oregon-based Ninkasi Brewing to form Great Frontier Holdings.
Flavor is both the present and the future blueprint for growth in the alcoholic beverage market, Dan Wandel, senior director of insights for Mark Anthony Brands, shared earlier this month during Beer Marketer’s Insights spring business conference in Chicago.
Boston Beer Company has appointed Philip Hodges chief supply chain officer, according to an 8-K filing, submitted to the U.S. Securities and Exchange Commision last week.
Constellation Brands is exiting the craft beer business. Constellation, which has found success with Mexican import brands Modelo, Corona and Pacifico, said it will divest of its craft and specialty division to refocus its efforts on its core brands. As such, Funky Buddha Brewery in Florida and Four Corners Brewing Co. in Texas will return to their respective original founders.
More than two-thirds (70%) of consumers planning to buy alcohol during Memorial Day weekend will buy beer, according to a survey conducted by market research firm Numerator. Total beer category ordering returned to growth in May after declining in April, according to this month’s Beer Purchasers’ Index (BPI) shared by the National Beer Wholesalers Association (NBWA).
Fans of Manhattan-based Torch & Crown Brewing have two new places to drink Almost Famous IPA and Tenement Pilsner, whether they’re spending summer in the city or at the beach. Torch & Crown has kicked off seasonal residences at Union Square Pavilion in Union Square Park and at Dive Bar Pizza on the easternmost point of Long Island.
Legislation to expand sales of spirit-based ready-to-drink (RTD) cocktails in California is moving forward today, after the state Senate unanimously passed a bill allowing those products to be sold in grocery and convenience stores.
More regional craft breweries beyond the top 50 recorded a decline in production in 2022 than breweries that increased production, according to data published in the May/June edition of the Brewers Association’s (BA) New Brewer Magazine.
As the 1-year anniversary of Sapporo’s acquisition of Stone Brewing approaches, the combined company has restructured its distributor management team, which led to a 1% workforce reduction, a spokesperson confirmed to Brewbound.
Fishers Island Lemonade founder Bronya Shillo shares why she sold the nearly decade-old brand to Spirit of Gallo, the spirits division of E. & J. Gallo. The show turns into an unofficial M&A episode as the Brewbound team discusses FX Matt’s planned acquisition of Flying Dog Brewery, and the founders of Appalachian Mountain Brewery buying back the North Carolina craft brewery from Anheuser-Busch InBev.
The majority (29) of the Brewers Association’s (BA) top 50 craft breweries declined in volume in 2022, according to data in the May/June 2023 edition of the trade group’s New Brewer Magazine.