Craft brewing has grown up and that’s OK. “Like it or not, we’re not the new kids on the block; we’re not revolutionaries, like we were in the beginning,” Boston Beer Company founder Jim Koch said.
E-commerce luxury spirits platform ReserveBar announced today that it will now provide on-demand sales, a move that reflects the changing landscape of online alcohol shopping and underscores the company’s ongoing mission to bridge the technology gap between alcohol producers and consumers.
Heineken USA is going for silver in January 2023. The U.S. subsidiary of the Dutch brewing giant will roll out its newest innovation in Q1: Heineken Silver, which checks in at 95 calories, 3.2 grams of carbohydrates and 4% ABV.
The Beast Unleashed, the first product born from Monster Beverage and CANarchy Craft Brewery Collective’s merger, will roar to life in January 2023.
Diageo Beer Co. is leaning on the learnings of Daft Punk in fiscal year 2023 to be “better, faster [and] stronger” across all its bev-alc brands, including Lone River Ranch Water, Smirnoff, and Guinness.
Constellation Brands’ beer business reported double-digit shipment and net sales growth along with nearly 9% depletions growth in the second quarter of its 2023 fiscal year.
The Reyes Beer Division continues to wheel and deal. Just one day after revealing a 16 million case deal for Capitol Wright Distributing in Austin, Texas, the largest beer wholesaler in the U.S. announced today an agreement to acquire Paradise Beverage in Hawaii, the company’s 12th market. The transaction is slated to close in early December.
Beer at on-premise establishments cost consumers an average of +6% more in the last 12 weeks (through August 20) versus the same period in 2021, according to the market research firm CGA.
Ahead of several industry gatherings in the Windy City, Chicago Brewseum executive director Liz Garibay discusses the importance of preserving beer and bar history and how the stories in those spaces are really oral histories of neighborhoods and cities.
Cincinnati-headquartered Rhinegeist Brewery has hired former Stone Brewing VP of sales Adam Bankovich as its chief commercial officer (CCO).
California Gov. Gavin Newsom signed a myriad of bills Friday before the end of the 2021-2022 legislative sessions, including an update to two laws that give more flexibility to craft brewers in the state by expanding the number of satellite taprooms and allowing distribution of their own products to retail locations nearby.
The Reyes Beer Division will enter Texas, its 11th market, with the acquisition of Capitol Wright Distributing LLC. Financial terms were not disclosed but the transaction is expected to close in December.
As Molson Coors sales chief Kevin Doyle prepares to retire after nearly 40 years, the company has promoted two sales executives as part of its succession planning. Chief commercial solutions officer Jeff Long will be promoted to chief customer officer, a role that incoming U.S. president of sales and distributor operations Brian Fiero will vacate upon Doyle’s retirement at the end of the year.
Less than a year after raising $75 million from Science Ventures and Live Nation, Liquid Death has (almost) done it again. The canned water company today announced the closing of a $70 million Series D round, led by Science and with participation from Live Nation, that puts the company at over $195 million raised to date and at a valuation north of $700 million.
