On the same day Founders Brewing announced it had permanently closed its Detroit location, a former employee filed a lawsuit against the company claiming the taproom’s work environment was “so objectively racially hostile that she had no choice but to resign.”
Molson Coors recorded both top- and bottom-line growth – in addition to volume declines – in Q1 2023, the company announced today.
Founders Brewing Company has permanently closed its satellite taproom in Detroit, six years after announcing plans to open it.
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.
