Craft beer industry news.
Beer, carbonated soft drinks and energy drinks are “delivering growth” for Ball Corporation, but beer is no longer the largest share of the aluminum can manufacturer’s business, CEO Ronald Lewis shared during the company’s Q2 earnings call.
Diageo CEO Dave Lewis unveiled a $1 billion cost-cutting plan for the struggling drinks giant today.
Molson Coors’ year-over-year (YoY) losses accelerated in Q2, as the company continues to tackle slowed momentum from its core beer brands. But declines have yet to sway the company away from its previously stated guidance for the full 2026 fiscal year (FY26).
Heineken’s U.S. business unit recorded a “high-single-digit” decline in volume in what the company called “a challenging beer market” during the second quarter, the Dutch brewing giant shared in its Q2 and half-year earnings this week.
How can a new brand make a splash in the increasingly crowded ready-to-drink waters? A winning combination of differentiated flavors, artistic packaging and a willingness to work the market day in and day out. That’s what has been working for Lake Hour, according to CEO Michelle Ivey, this week’s featured guest.
Total U.S. beer industry supply declined 2.1% YoY in June, according to the latest volume report from the Beer Institute. The loss outperformed YTD volume (-3.9% thru June). Note: total industry supply includes domestic tax paid shipments, imports and state-level shipments.
Republic National Distributing Company (RNDC) filed for Chapter 11 bankruptcy in July, closing out a slow-motion collapse that has reshaped bev-alc’s distribution tier and emboldened new total beverage power players.
Independent red network wholesaler Heimark Distributing has reached an agreement to acquire Alford Distributing in Imperial, California, the companies announced today.
Check out news items initially reported in the Brewbound Insider Newsletter August 3-5, including headlines from Prost, JuneShine, the Beer Institute and more.
Cannabis beverage maker Uncle Arnie’s has raised a fresh $2 million on top of a round led by previous investors Mindset Capital and the investment office of Harry Rubin, the founding partner of Boston Beer Company.
Total U.S. beer industry supply declined 2.1% year-over-year (YoY) in June, according to the latest volume report from the Beer Institute (BI). That figure – which includes data for domestic tax paid shipments, imported beer and state-level shipments – outperformed year-to-date (YTD) volume, which declined 3.9% YoY through the end of June.
As the industry rumbles through the quiet zone between the Fourth of July and Labor Day (September 7), off-premise scans remain relatively unchanged from previous reports, according to the latest figures from market research firm NIQ.
Cann is bringing out a big name this summer, as investor and NBA Hall of Famer Dwyane Wade has collaborated with the cannabis beverage maker on a new golf-inspired release.
Minute Maid Spiked is adding Vodka Lemonade Iced Tea to its lineup, marking the brand’s first entry into the hard iced tea set. The launch also lands as the brand’s first release since Sazerac took over distribution in partnership with Coca-Cola’s newly restructured “firewalled, wholly owned” bev-alc subsidiary, Red Tree Beverages.
