WWE legend “Stone Cold’ Steve Austin and El Segundo Brewing Company leaders Rob Croxall and Tom Kelley share how their partnership on the Broken Skull line of beers works, the bump the beers received following this year’s WrestleMania, why their collaboration feels organic and the future of the brand.
The Bell’s Brewery portfolio is moving to the Reyes Beer Division in the majority of the wholesaler’s Indiana territory. Reyes, the largest beer distributor in the U.S., announced today that its Monarch Distributing subsidiary has closed on agreements for the Michigan craft brewery’s brand rights in its Indiana footprint, adding about 175,000 cases to Monarch’s operation.
BrewDog USA has permanently shuttered its Indianapolis-based taproom, a spokesperson confirmed Friday.
Matt Brown had worked with entrepreneurs for more than 20 years, but it was his first beverage client who lured him into craft spirits. Now, the business advisor and entrepreneur is all in, with two partners who are focused on investing in craft spirits brands that have stories that make a splash.
Stone Brewing Company has filed a motion to recoup attorneys’ fees after winning a $56 million judgment against Molson Coors for trademark infringement, according to court documents filed earlier this week.
On-premise sales velocity continues to follow 2019 patterns, increasing +1% in Week 15 ending April 9, after a -3% decline the week before (ending April 2), market research firm CGA reported.
About 30 employees have been let go following the integration of the Bell’s Brewery organization into New Belgium after the latter’s parent company, Kirin-owned Lion Little World Beverages, acquired the former last fall. The layoffs amounted to less than 3% of New Belgium and Bell’s combined workforce.
Branford, Connecticut-based Stony Creek Brewery has hired Anheuser-Busch InBev sales and marketing vet Dan Shannon as CEO and David Morrice as VP of sales. Dave Mevoli has joined ready-to-drink (RTD) canned cocktail maker Fishers Island Lemonade as chief operating officer.
After a state court largely rejected its claims earlier this year, Seismic Brewing Company has now filed a federal antitrust lawsuit against DBI Beverage, Reyes Holdings and Reyes subsidiary Harbor Distributing, alleging the beer distributor attempted to maintain a monopoly of California’s beer distribution market.
The U.S. beverage industry has paid more than $1.4 billion in aluminum tariffs since 2018, when Section 232 was implemented, according to a study shared today by the Beer Institute (BI).
Off-premise sales of craft beer are off to a rough start in 2022. Year-to-date through April 2 of 2022, craft dollar sales declines have accelerated to nearly -10% ( $1.24 billion in overall sales) compared to the -6% decline in calendar year 2021, according to Bump Williams Consulting, which shared the latest NielsenIQ (total U.S. — XAOC + Liquor plus Convenience) scan data.
Modern Times is on the edge of entering receivership to begin a court-ordered sale process. Jack O’Connor, a partner with Sugar Felsenthal Grais & Helsinger in Chicago, joins the Brewbound Podcast to explain the process.
Beer Institute president and CEO Jim McGreevy is departing the trade association in early May after eight years to take on a yet-to-be revealed role outside of the beverage-alcohol industry.
Mike Percic, Target’s senior director, divisional merchandising manager for adult beverages, will explore how the big box retailer’s accelerator program helps maturing CPG brands scale and connect with other entrepreneurs. For more mature companies, Percic will also share what Target is looking for from its bev-alc brands and how his team likes to be pitched.
