The Lost Abbey will vacate its original San Marcos, California, space and embark on its next journey via either contract brewing or forming an alternating proprietorship.
Captain Lawrence Brewing and U.S. Beverage (USB), the portfolio company and importer that acquired Uinta Brewing via a joint venture in early 2022, have formed a sales and marketing partnership, both companies announced this week.
The end of 2022 delivered a soft finish for the world’s largest beer manufacturer. In the U.S., Anheuser-Busch InBev’s depletions (sales-to-retailers) and shipments (sales-to-wholesalers) declined -7.6% and -8.6%, respectively.
Brewbound’s first Brew Talks meetup of 2023 will take place in Nashville during the Craft Brewers Conference on Sunday, May 7. Tickets are available now, with some of the proceeds benefiting the Tennessee Craft Brewers Guild.
After a rough week for craft breweries acquired by Anheuser-Busch, the Brewbound team discusses the fallout of the world’s largest beer manufacturer shuttering operations of Platform Beer Co. in Ohio and layoffs conducted at other Brewers Collective brands.
Monster Beverage Corporation reported net sales growth of 13.9% to $6.31 billion – up from $5.54 billion the year before – in its Q4 and full year 2022 earnings report yesterday. The results arrive as the company pushes forward with its expansion into new beverage categories, including alcohol.
Hard MTN Dew, the flavored malt beverage (FMB) from Boston Beer Company and PepsiCo, is expanding its lineup for the first time since launching with Livewire, an orange citrus flavor inspired by the soft drink flavor of the same name.
When the Finnish Long Drink entered the U.S. market in 2018, it’s likely few Americans had heard of Finland’s national drink, a grapefruit and gin highball. But in not too long of a time, the company has made its version of the Finnish staple the eighth highest-selling ready-to-drink in the U.S., according to 3 Tier Beverages and NielsenIQ.
Molson Coors has created a new commercial division for the U.S. and Canada that chief marketing officer Michelle St. Jacques will lead as chief commercial officer effective March 1, the company announced.
Monster Energy Co. has filed a motion in a California federal court seeking an additional $167 million in its false advertising suit against Bang producer Vital Pharmaceuticals (VPX) on top of its $293 million jury verdict awarded earlier this year.
A lawsuit filed against Molson Coors’ Vizzy Hard Seltzer is nearing completion, after a federal judge said last week he plans to approve the company’s plan to settle with plaintiffs for $9.5 million.
Premium craft lager brand House Beer is revving things up in 2023 with new ownership. The decade-old company is set to be acquired by motocross athlete Carey Hart.