Survey Says: Beer Distributors Believe Bud Light Has Suffered Permanent Damage

Survey Says: Beer Distributors Believe Bud Light Has Suffered Permanent Damage

A pair of beer distributor surveys found that many in the middle tier believe that the conservative led boycott of Anheuser-Busch’s Bud Light brand may be permanent. Financial services firm Jefferies’ survey found that a majority (65%) of distributors surveyed expect the Bud Light downturn to last at least another six months, while 32% believe it could be permanent. A separate distributor survey by Goldman Sachs analyst Bonnie Herzog found that most respondents are “pessimistic about the potential for a full recovery” of Bud Light’s “brand equity and market share.”

Diageo CEO Sir Ivan Menezes Has Died

Diageo CEO Sir Ivan Menezes Has Died

Sir Ivan Menezes, who has guided bev-alc giant Diageo as CEO for nearly a decade, has died “following a brief illness,” the company announced today.

Judge Grants Gopuff’s Request for Preliminary Injunction in Massachusetts, Blocks Liquor License Revocation

Judge Grants Gopuff’s Request for Preliminary Injunction in Massachusetts, Blocks Liquor License Revocation

A Massachusetts Superior Court Judge on Friday granted Gopuff’s request for a preliminary injunction, blocking for now the Massachusetts Alcoholic Beverages Control Commission’s (ABCC) attempt to revoke the e-commerce retailer’s liquor license for allegedly selling and delivering alcoholic beverages to underage consumers in the Bay State.

Josh Landan Shares Why the Ninkasi and Wings & Arrow Merger was the ‘Perfect Fit’

Josh Landan Shares Why the Ninkasi and Wings & Arrow Merger was the ‘Perfect Fit’

Josh Landan is leading a craft brewery again. Landan, who founded the now defunct Saint Archer Brewery in 2013 and sold it within two years to MillerCoors, is now the CEO of Great Frontier Holdings, the newly formed parent company of Ninkasi Brewing in Eugene, Oregon, and Wings & Arrow beyond beer offerings. Landan spoke with Brewbound about the merger, the combined company’s ambitions, potential future acquisitions and the contract brewing business.

3 Up, 3 Down with 3 Tier Beverages: Twisted Tea Dominates, Hard Seltzers Lose More Share, and Singles and Variety Packs Chip Away at 4- and 6-Packs

3 Up, 3 Down with 3 Tier Beverages: Twisted Tea Dominates, Hard Seltzers Lose More Share, and Singles and Variety Packs Chip Away at 4- and 6-Packs

In this latest installment of our quarterly 3 Up, 3 Down with 3 Tier Beverages, product team consultant Stephanie Roatis shares three insights on industry growth, including the continued dominance of Boston Beer’s Twisted Tea over the hard tea segment, as well as three underperforming areas across scan data, such as the loss of share of 4- and 6-packs to single-serves and 12-packs.

Brewbound Podcast: Craft Beer Data Christmas is Here, Plus More Craft-on-Craft Deals

Brewbound Podcast: Craft Beer Data Christmas is Here, Plus More Craft-on-Craft Deals

The Brewbound team, along with Brewbound Weekend Insider newsletter writer Sean McNulty, reviews the Brewers Association’s annual craft beer volume data. The team also discusses the latest craft brewery deals, including Funky Buddha and Appalachian Mountain Brewery returning to independent brewery status, and FX Matt buying the Flying Dog Brewery brand.

Diddy Sues Diageo Alleging Racial Discrimination

Diddy Sues Diageo Alleging Racial Discrimination

Music mogul and entrepreneur Sean “Diddy” Combs is suing business partner Diageo today alleging that the brands he co-owns with the spirits group, Cîroc Vodka and DeLeon Tequila, were given worse treatment because he’s Black.