Ty Gilmore, president of Tilray Brands’ U.S. beer division, estimated that he receives around two to three calls a day from potential sellers looking to join the Canadian cannabis firm’s craft brewery platform.
Campari has committed to acquiring cognac Courvoisier from Beam Suntory for an initial price of $1.2 billion, amounting to the biggest deal in the Italian spirit group’s history.
Two Massachusetts breweries – Dorchester Brewing Company and Aeronaut Brewing Company – will merge next year under a new parent company, Tasty Liquid Alliance, the two companies announced today.
As 2023 comes to a close, the teams at market research firms NIQ and CGA hosted a webinar Tuesday to give predictions for 2024 bev-alc trends, including shifting consumer behavior, changing demographics, and continued premiumization and flavor-forward trends.
This week’s Brewbound Podcast features interviews with some of Brewbound’s 2023 award winners, including Athletic Brewing founders Bill Shufelt and John Walker; Lawson’s Finest Liquids founder Sean Lawson and CEO Adeline Druart; and BeatBox Beverages co-founder and COO Aimy Steadman.
FIFCO USA-owned Seagram’s Escapes is refreshing its brand family in 2024. Seagram’s Escapes Refreshers will roll out in 15 markets next year, the company announced today. The 5% ABV flavored malt beverage (FMB) is sweetened with cane sugar and fruit juice, according to a press release.
The Consumer Price Index (CPI) for beer at home in November increased +2.7% year-over-year (YoY), according to the U.S. Bureau of Labor Statistics.
This year will be the first, other than 2020, in which independent breweries’ volume has declined in the modern era of craft beer, according to the Brewers Association’s (BA) 2023 Year in Beer report.
The Federal Trade Commission (FTC) and Retail Services & Systems, Inc. (RSSI), parent company of national bev-alc retailer Total Wine & More, have reached a tentative agreement in the FTC’s civil investigative demand (CID) against the chain, according to a Law360 report.
Newcomers in non-alc are climbing up the list of Drizly’s top-selling SKUs, illustrating how brands are continuing to find innovative ways to replace drinking occasions.
Bell’s Brewery flagship Two Hearted IPA is getting some company on shelves. The Comstock, Michigan-headquartered brewery has elevated Hazy Hearted IPA (7.5% ABV) to nationwide distribution and Big Hearted IPA (9.5% ABV) to year-round distribution in select markets.
Los Angeles-based brewer People’s Republic of South Central won the 15th edition of Brewbound’s Pitch Slam competition, presented by Ollie, a Next Glass company.
October domestic tax paid shipments from U.S. brewers were down -10.8% versus October 2022, to an estimated 11.35 million barrels, marking a loss of 1.38 million barrels year-over-year (YoY), according to Beer Institute (BI) chief economist Andrew Heritage.
Having helped engineer the hard seltzer boom, Mark Anthony Brands’ White Claw is going soft.
