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Craft beer industry news.

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Non-alcoholic social tonic maker Hiyo has closed an oversubscribed $20.8 million Series B round as it looks to build on its rapidly expanding retail footprint and push deeper into live entertainment and nightlife.

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Craft’s off-premise declines accelerated last month as summer came to a close. As beer enters its slow season, those losses aren’t expected to improve much, but that could change if craft leans into the seasonal anomalies of imports, according to a new report from Bump Williams Consulting (BWC).

Stateside’s Matt Quigley on Super Lyte Summer as Hard Sports Drinks Explode

Stateside’s Matt Quigley on Super Lyte Summer as Hard Sports Drinks Explode

How do you balance two brands that are runaway successes? Stateside Brands president Matthew Quigley explained on the latest edition of the Brewbound Podcast how the maker of vodka iced tea brand Surfside is juggling the addition of Super Lyte, a non-carbonated hard sports drink (vodka + ade).