Patience is paying off for Pacifico. Constellation Brands is giving its third-largest beer brand the time and space it needs to grow, Beer Division president Jim Sabia said during the annual Beer Industry Summit last week.
For decades, the Japanese distilled beverage shochu has been mislabeled in the U.S. as Korean soju, but a new law is clearing up the difference for consumers— and clearing a path for category growth.
As craft beer enters a new uncharted era, leaders of established breweries shared how they keep decades-old flagship brands fresh and relevant for new generations of drinkers during the Brewbound Live business conference last month in Marina del Rey, California.
The fate of historic Anchor Brewing is expected to be determined by the end of January when the winning bids in the auctions for the nearly 130-year-old brewery’s brand and equipment are to be selected, the San Francisco Chronicle reported.
Dedicated non-alcoholic (NA) beer maker Athletic Brewing is taking a page out of 2010s craft beer check-in culture and run-tracking with its new app feature. Athletic launched “Track Record” earlier this month in order to give its app users a way of recording their alcohol-free days and creating streaks.
Three-quarters of consumers who said they would abstain from alcohol this month have stayed committed to Dry January, according to a survey by CGA, NIQ’s on-premise market research firm.
Hard cider outpaced beer in dollar sales gains in 2023, increasing dollar sales +1.9% year-over-year (YoY) through December 30 in NIQ-tracked off-premise channels, according to 3 Tier Beverages consultant Mary Mills’ presentation at CiderCon Thursday in Portland, Oregon.
A year and a half after guiding Stone Brewing through its acquisition by Sapporo, CEO Maria Stipp is moving on. Stipp joined the Escondido, California-based craft brewery in September 2020 following the departure of her predecessor Dominc Engels earlier that summer. She steered Stone, the seventh-largest independent craft brewery in the country by volume at… Read more »
Los Angeles-based Open Brewing has begun rolling its lager out in Southern California thanks in part to a business partnership with New Belgium Brewing. In addition to a minority investment, New Belgium contract brews Open’s beer, consults the brewery’s team and offers other “shared resources,” a New Belgium spokesperson told Brewbound.
Seven of the top 25 craft growth brands in 2023 were non-alcoholic (NA) offerings, according to full-year NIQ data shared in Bump Williams Consulting’s 2023 craft review.
U.S. craft spirits topped $7.9 billion in sales in 2022, growing 5.3% in value and 6.1% in volume, but slowed considerably from the year prior, according to a new report.