Dogfish Head co-founder Sam Calagione, Mass. Bay Brewing co-founder and CEO Dan Kenary and Craft Beer Cellar co-founder and CEO Suzanne Schalow shared how they’re approaching fourth category offerings during Brewbound Brew Talks meetup last week.
Days after upholding a $56 million jury verdict in favor of Stone Brewing, a federal judge rejected the Escondido, California-based craft brewery’s attempt to recover hundreds of millions of dollars in profits and damages from Molson Coors as part of a trademark infringement dispute over refreshed Keystone Light branding.
Several Massachusetts craft breweries have added own-premise taprooms and retail spaces to grow their brands. White Lion founder Ray Berry, Castle Island founder Adam Romanow, Medusa Brewing director of business operations Sarah Lee and Boston Beer Company senior director of local brands and taprooms Scott Hempstead shared their experiences during Brewbound’s Brew Talks meetup.
Bourbon County Stout, Goose Island’s annual release of limited-edition barrel-aged stout variants, will turn 30 this November.
More than two years after announcing her retirement, craft brewing pioneer Carol Stoudt’s eponymous German-inspired brand will be returning to Pennsylvania draft lines in time for Oktoberfest season through a licensing partnership with Philadelphia-based Evil Genius Beer Company.
Maui Brewing had accepted defeat and was ready to move on in June when BX MT BAMF LLC – an affiliate of Anaheim, California-based Brewery X – was named the winning bidder in the auction of San Diego’s Modern Times Beer, Maui CEO Garrett Marrero told Brewbound.
Inflationary pressures that tamped down orders in June are persisting into July, as total beer contracted for the second month in a row, according to the National Beer Wholesalers Association (NBWA), which released its monthly Beer Purchasers’ Index (BPI) today.
Anheuser-Busch InBev reported +11.3% revenue growth and +3.4% volume growth globally for the second quarter of 2022. “Our business delivered sustained profitable growth,” CEO Michel Doukeris said in a press release. “Our volume increased by 3.4%, our top-line by 11.3% and EBITDA by 7.2%. The relentless execution of our strategy, the strength of our brands and accelerated digital transformation enabled us to meet the moment in an ongoing dynamic operating environment.”
After weeks of anticipation, Maui Brewing is officially moving forward with its acquisition of San Diego’s Modern Times Beer.
A federal judge has denied Molson Coors’ attempt to toss a $56 million jury award to Stone Brewing in the San Diego craft brewery’s trademark infringement lawsuit over the 2017 refresh of Keystone Light packaging, according to an order filed Tuesday.
Night Shift leadership told its 12 production employees their jobs could dry up as early as today, as the company prepares to wind down brewing and packaging operations at its Everett, Massachusetts location. The company will shift to contract production at Framingham-based Jack’s Abby Craft Lagers and Pawtucket, Rhode Island-based Isle Brewers Guild (IBG), which had been producing about 50% of Night Shift’s volume.
Off-premise beverage-alcohol sales have begun to soften after summer holiday peaks, recording the lowest absolute dollars since May in the week ending July 17, according to market research firm IRI.
Bump Williams Consulting’s Dave Williams and Brian “BK” Krueger break down craft’s performance at the halfway point of 2022 and the opportunities available to suppliers. Williams and Krueger also shared insights on craft’s top growth area hazy and imperial IPAs.
U.S. brewers shipped an estimated 16 million barrels of beer in June 2022, a -3.3% decline (or -540,652 barrels of beer) compared to June 2021, the Beer Institute reported, citing domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
