Early registration pricing expires this Saturday, October 21, for Brewbound Live Winter 2023, taking place on December 6 + 7 in Marina del Rey, CA. Register now and save $100 per registration (Insiders save $200!).
Cincinnati’s Rhinegeist Brewery has named Adam Bankovich as CEO and promoted several other leaders internally. Bankovich, who had served as interim CEO since late April, was promoted to CEO effective October 13.
Nationwide on-premise sales have flattened after a slight downward tick, market research firm NIQ’s on-premise data arm CGA reported. Sales velocity declined -1% in the week ending September 30 and remained flat in the week ending October 7, CGA reported.
Massachusetts-based Quality Beverage has filed a lawsuit against Constellation Brands, alleging the bev-alc giant has interfered with its pending sale to wine and spirits wholesaler Martignetti Companies.
Diageo is set to introduce a new line of premium ready-to-serve cocktails that leverage the strength of some of its best-known labels into the soaring category.
Scan data through Q3 showed a “slightly more promising outlook for craft,” according to Bump Williams Consulting (BWC) in the firm’s quarterly craft report. Craft dollar sales growth in NIQ-tracked off-premise channels (total U.S. xAOC + liquor plus + convenience) is now flat year-to-date (YTD) through September 30.
Aiming to appeal to consumers looking to moderate their consumption, Southern California-based Passion Tree Hard Seltzer rolled out “mini” 7.5 oz. cans in a variety 10-pack and two single-flavor 6-packs this week in Target stores across California, Florida, Texas, New York and Illinois.
The Coca-Cola Company is taking another step into the beverage alcohol market, announcing today the launch of a global partnership with spirits conglomerate Pernod Ricard to introduce Absolut Vodka & Sprite as a ready-to-drink pre-mixed cocktail in 2024.
Industry members heard numerous calls for beer to fight against threats from spirits this week during the National Beer Wholesaler Association’s (NBWA) Annual Convention in Las Vegas.
The Consumer Price Index (CPI) for beer at home in September increased +4.7% year-over-year (YoY) and +0.4% compared to August, according to the U.S. Bureau of Labor Statistics.
Seattle-based Two Beers Brewing Co. will begin winding down operations after 16 years and close in the coming months, the company announced Wednesday evening.
Monster Energy is “all-in on alcohol” and “thinks it could be big for them by 2025,” according to Goldman Sachs equity analyst Bonnie Herzog’s report from the National Association of Convenience Stores (NACS) trade show. The energy drink maker, which entered beverage-alcohol with the acquisition of CANarchy in January 2022, displayed its forthcoming hard tea, Nasty Beast Hardcore Tea during the show, Herzog wrote.
Co-founder and CEO Colin Schilling, CCO Eric Phillips and EVP of marketing Rachel Thomas join the Brewbound team to discuss the cidery’s participation in National Cider Month, as well as its debut at the Great American Beer Festival and a retail activation with Whole Foods.
Domestic tax paid shipments from U.S. breweries continued their six-month streak of declines, with a -5.1% dip in August 2023 compared to August 2022, the Beer Institute (BI) reported, citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).