National Beer Wholesalers Association (NBWA) members gathered in Washington, D.C., this week to meet with members of Congress in person for the first time in more than two years as part of the trade group’s annual legislative conference.
Adrienne Freeman, Walmart craft beer merchant, discusses bringing the Black is Beautiful collaboration beer project to the big box retailer’s shelves and efforts to support more diverse entrepreneurs on a special “Retail Pulse” edition of Brewbound Frontlines.
Constellation Brands’ beer business recorded an +11% increase in net sales growth, to $6.75 billion, for the company’s 2022 full fiscal year. FY 2022 marked the company’s 12th consecutive year of volume growth, with +8.8% shipments (sales to wholesalers) growth and +8.9% depletions (sales to retailers) growth – amounting to an additional 30 million case equivalents, CEO Bill Newlands said during a conference call with investors.
Brewbound’s first Brew Talks meetup event of 2022 will explore Crytpo and NFTs on Monday, May 2, from 1-4 p.m. CT at a venue within walking distance of the 2022 Craft Brewers Conference in Minneapolis.
The California Craft Brewers Association (CCBA) is “getting very aggressive” on legislative initiatives in 2022, Chris Walker, the trade group’s lobbyist, said Monday at its members conference in San Diego.
This week, the Brewbound team reunited with Rich Bloomfield, Greg Williams and Zach Day, co-founders of Chicago-based Funkytown Brewery and winners of Brewbound Live 2021’s Pitch Slam. The Funkytown Team discussed what they’ve been up to since the Pitch Slam win, what they’ve learned about the brewing industry since launching last year, and the roadblocks they’ve faced trying to bring craft beer to underserved communities in Chicago.
Modern Times Beer’s bank has “commenced litigation” that is expected to “result in a court-ordered receivership sale” of the San Diego-headquartered craft brewery, according to a blog post on Modern Times’ website.
Stone Brewing Company has filed its first post-trial motion seeking a permanent injunction to prevent Molson Coors from “ongoing infringement of the Stone trademark” in the wake of its $56 million jury award following last month’s trademark infringement trial.
Firestone Walker chief sales officer David Macon stepped down last week after eight years with the Paso Robles, California-headquartered craft brewery.
2022 will be a “make or break year for a number” of craft brewers, Brewers Association chief economist Bart Watson shared during a press conference Tuesday to discuss the 2021 production numbers and top 50 breweries list.
Societe Brewing is expanding its distribution footprint into Northern California, beginning April 11. The San Diego, California-based brewery now distributes in all key California markets through “100% independent distributors,” Societe founder and CEO Doug Constantiner announced Monday during the California Craft Brewers Association (CCBA) Members Conference.
The Brewers Association (BA) also released its 2021 rankings of the top 50 craft breweries by sales volume, in addition to sharing that craft brewer volumes increased by +8% last year.
A year after recording the first production decline of the modern era, U.S. craft brewers were back in black in 2021. The Brewers Association shared that production at U.S. craft brewers who meet its craft brewer definition collectively increased production +8%, to an estimated 24.8 million barrels of beer in 2021.
The Sands family, the largest shareholder of Constellation Brands stock, has proposed declassifying the company’s common stock and transitioning to a single-class common stock structure.
