After just barely missing the 1 million case mark in 2022, Montucky Cold Snacks is aiming for 1.4 million cases in 2023, Seamus Gallagher, VP of marketing, and Jeff Courteau, VP of sales, shared with Brewbound.
Only 12 locales offer direct-to-consumer (DTC) shipping of beer, placing the privilege on the wishlists of many brewers and state guilds across the country. Sovos ShipCompliant vice president and general manager Larry Cormier joins Brewbound Frontlines to discuss the current state of play, the opportunity for not only brewers but states, and how legal action might pave a path to more states offering DTC shipping.
There were several factors that made ready-to-drink (RTD) canned cocktail Fishers Island Lemonade an attractive acquisition target for E. & J. Gallo: premium positioning, high reorder rates, excellent taste and founder Bronya Shillo’s pioneering vision for canned cocktails. The New York-based brand agreed to be acquired by Spirit of Gallo, E. & J. Gallo’s spirits division, earlier this month.
The 2023 edition of Russian River’s Pliny the Younger generated a record $6.3 million in economic impact, a more than $200,000 increase over last year’s record-breaking release, according to the Sonoma County Economic Development Board (EDB).
Ready-to-drink (RTD) beverage alcohol consumption has grown 104% in the past two years, according to NIQ, but how are consumers making shopping decisions, and where are they enjoying the growing variety of flavored malt beverages, canned cocktails and seltzers?
More than 300 winners were honored during the Brewers Association’s (BA) 2023 World Beer Cup (WBC) during Craft Brewers Conference in Nashville this week. Guinness Baltimore Blonde – the signature offering of brewing operations at Diageo’s Relay, Maryland-based production facility – has become such a local icon that one Baltimore County official wants to invest $500,000 in a local brewer to keep the beer flowing, according to the Baltimore Banner.
Constellation Brands has acquired a minority stake in TÖST, an alcohol-free sparkling beverage brand, the company announced yesterday.
The whirlwind that is the Craft Brewers Conference is finally over. Through a haze of honky-tonks and jet lag, I’m still unpacking the week of beer business talk in Nashville.
Molson Coors will cross the Chicago River next summer when its global headquarters moves to a new location at 320 S. Canal Street.
This week’s Brewbound Podcast rebroadcasts two Brew Talks conversations from the 2023 Craft Brewers Conference. The first is an introduction to the National Black Brewers Association, a newly formed trade group. Then, three brewery leaders share their experiences with expanding their taproom presences in out-of-state markets.
The rights to 15 brands will change hands from Richmond, California-based Bay Area Distributing to Antioch-based Markstein Sales Company.
The Consumer Price Index (CPI) for beer both at home (+5.9%) and away from home (+5.1%) outpaced overall inflation (+4.9%) in April 2023 compared to April 2022 for another consecutive month, according to the U.S. Bureau of Labor Statistics (BLS).
Full Pour, a business-centric gathering, will join the Brewers Association’s (BA) lineup of events when it debuts next month in San Diego.
Luxco, Inc., a subsidiary of Indiana-based whiskey giant MGP Ingredients, has acquired Penelope Bourbon for $105 million upfront, the company announced Monday. The deal also includes a maximum potential payout of $110.8 million by the end of 2025 if “certain performance targets” are achieved.
