Beer producers shipped an estimated 17.5 million barrels of beer to wholesalers in May, a -4% decline (approximately 730,000 barrels) versus May 2022, according to the Beer Institute.
Stoli Group has announced a reshuffle of leadership roles today, appointing former CFO Chris Caldwell as its new global CEO.
Funkytown Brewery has been named the winner of the 12th annual Samuel Adams Brewing the American Dream Brewing & Business Experienceship.
May recorded the largest year-over-year (YoY) decline in domestic tax paids so far this year, decreasing -7.7%, to 13.3 million barrels, according to the Beer Institute (BI).
Father’s Day was the ‘most valuable Sunday” so far this year for bev-alc in the on-premise channel, according to CGA, a NIQ on-premise market research firm.
Bang Energy’s parent company Vital Pharmaceuticals (VPX) has initiated mass layoffs in preparation for its anticipated acquisition by Monster Beverage Corp., according to an internal memo viewed by BevNET.
Five years into business, JuneShine – a Southern California-based hard kombucha and canned cocktail maker – is eying its next chapter, focused on being not just a leader in the segments it participates in, but a competitor in the total bev-alc space.
The Brewbound team gives a quick overview of the Brewers Association and Harris Poll’s latest craft beer consumer survey and plucks out a few key takeaways. Plus, Justin and Zoe dish on a Lagunitas defection to Firestone Walker, decry Friday news dumps, and play Another Round or Tabbing Out on Bud Light’s latest media blitz.
Massachusetts Brewers Guild president Adam Romanow will provide an update on the guild’s legislative priorities and growth opportunities for Bay State brewers during Brewbound’s Brew Talks meetup in Boston on Wednesday, July 12.
The Federal Trade Commission (FTC) on Friday terminated its review period for Monster’s proposed acquisition of Vital Pharmaceuticals, the parent company of Bang Energy, clearing the way for the transaction to be completed later this month, according to an internal communication viewed by BevNET.
Firestone Walker has hired Tony Amaral as chief sales officer, the company announced late Friday.
Constellation Brands posted solid shipments and depletions growth in its first quarter of fiscal year 2024. Beer shipments increased +7.5% year-over-year (YoY), to 107 million case equivalents, while depletions increased +5.5%.
Blake Lively is the newest celebrity to jump into the booze world, although she’s already had one foot in the door.
For the first time since at least 2015, an equal number of craft beer drinkers surveyed in the Brewers Association’s (BA) annual Harris Poll said they were drinking more craft beer in 2023 than the amount who said they were drinking less craft beer – about 25% each.
