Welcome to Brewbound’s Inside Look at the Beer Business for the week that was … Saturday, January 13, 2024. Where I have good news for any pregnant readers who are looking to publicly shame their significant others on social media! #finally
Two Roads Brewing Company has elevated two executives on its sales and marketing teams: Collin Kennedy to VP of marketing and Brian Duprey to VP of national accounts.
A former server has filed a lawsuit against Artisanal Brewing Ventures (ABV) alleging the craft brewery platform violated federal and state labor laws by undercompensating tipped employees and requiring them to do untipped and unpaid tasks, according to a lawsuit filed Monday in the U.S. District Court for the Western District of North Carolina.
The December Consumer Price Index (CPI) for beer at home increased +1.9% year-over-year (YoY), with the category ending 2023 below overall inflation, according to the U.S. Bureau of Labor Statistics.
Japanese brewing giant Asahi aims to reach 1 million hectoliters – more than 850,000 barrels – in production in the medium-term following its acquisition of Wisconsin contract producer Octopi Brewing. Victoria Segebarth, managing director of EMEA & Americas at Asahi Europe & International, discussed the company’s plans for Octopi’s facility in Waunakee, Wisconsin, the acquisition… Read more »
Meagen Anderson, the founder and CEO of AFicioNAdo (AFNA), joins the Brewbound Podcast to discuss the formation of the training and certification program for professionals in the adult non-alcoholic beverage space.
November domestic tax paid shipments from U.S. brewers were down -6.8% year-over-year (YoY), to an estimated 10.95 million barrels, according to the Beer Institute (BI) in its latest round of economic reports.
Off-premise dollar sales of beer topped $47.9 billion in 2023, according to market research firm NIQ. Beer accounts for half of total alcohol off-premise dollar sales, which reached $89.8 billion last year, a +1.1% increase compared to 2022. Although dollar sales increased for beer (+1.4%), volume declined -3% compared to a year ago. Beer was… Read more »
The beverage alcohol division of Canadian cannabis giant Tilray grew revenue +117%, to $46.5 million, in the second quarter of the company’s fiscal year compared to the same quarter last year, the company reported Tuesday. However, the division’s gross margin declined -13% year-over-year (YoY), to 34%, in the quarter, driven by Tilray’s acquisition of eight… Read more »
For the second time, New Jersey craft breweries are a signature away from having a stringent set of restrictions on their taproom operations removed.
Both houses of the state Legislature passed Senate Bill 4265 and Assembly Bill 5912, which would allow craft breweries to host “an unlimited number of on-premises special events and private parties.”
Longtime Allagash Brewing sales director Naomi Neville will depart the Portland, Maine-headquartered craft brewery in early February after more than 14 years. With Neville’s impending exit, Allagash has promoted Josh Fruchtman to sales director.