The past week at Rhinegeist has been one of “a lot of disruption” but also “minimal anxiety and the sense of calm,” following the appointment of chief commercial officer Adam Bankovich to interim CEO, Rhinegeist co-founder Bryant Goulding told Brewbound.
Spirits-based, ready-to-drink (RTD) canned cocktail brand Fishers Island Lemonade has agreed to be acquired by Spirit of Gallo, the spirits division of E. & J. Gallo, the companies announced today in a press release.
Athletic Brewing Company’s Upside Dawn Golden will be served on all domestic JetBlue flights starting in May, the company shared today. The partnership marks the first time that a major U.S. airline has served non-alcoholic craft beer at 35,000 feet.
Following two months of positive trends, total beer category ordering by distributors ticked downward in this month’s Beer Purchasers’ Index (BPI), the National Beer Wholesalers Association (NBWA) reported.
A court in Florida has extended the deadline for bids on the sale of Bang Energy-maker Vital Pharmaceuticals.
Twisted Tea continues to be one of the few Boston Beer Company offerings in the green, and the company doesn’t see that changing anytime soon, leadership shared during Thursday’s Q1 2023 earnings call with investors.
Tilray-owned Montauk Brewing will open two new branded spaces at Citi Field, the home of the New York Mets in time for the 2023 MLB season. The Lost Abbey has entered an alternating proprietorship with Vista, California-based Mother Earth Brew Co. The Bruery is shuttering its Washington, D.C., location after six years in operation.
Another week, another consolidation of small breweries. The week started with New Jersey’s Cape May Brewery announcing plans to acquire Flying Fish, one of the Garden State’s oldest breweries.
Cycling a rough first quarter of 2022 when the company’s shipments and depletions declined -25.1% and -7, respectively, Boston Beer Company reported a bumpy first quarter of 2023, as both depletions and shipments declined and the company recorded a $9 million net loss.
BrewDog has appointed John Graham CEO of the Scottish craft beer company’s U.S. operations. Graham has more than two decades of experience in CPG and hospitality, including 15 years at Johnson & Johnson in various leadership roles, according to a press release.
The Brewbound team will be on the ground in Nashville for the Craft Brewers Conference May 7-10. Brewbound’s editorial and sales teams will be hosting events, covering the nation’s largest meeting of craft brewers and meeting with industry folks in Music City.
Brewers Association president and CEO Bob Pease previews the 2023 Craft Brewers Conference, which will be held May 7-10 in Nashville. Pease offers tips to first-time attendees, shares his message to craft brewers as the segment matures, and offers his perspective on small brewery mergers and acquisitions and craft’s conflicting growth drivers.
Rhinegeist Brewery has named Adam Bankovich interim CEO, the Cincinnati-headquartered craft brewery shared with Brewbound. Bankovich was hired as Rhinegeist’s chief commercial officer (CCO) in October 2022, joining the Ohio craft brewery after a nine-year career at Stone Brewing, where he last served as VP of sales.
Bump Williams Consulting’s Dave Williams reviews first quarter craft beer performance, craft’s conflicting growth style trends, why hazy IPAs are at “break even,” SKU count changes and retail reset trends.
