Kalamazoo, Michigan-headquartered Bell’s Brewery will enter its 42nd state later this year, with the addition of distribution to Oklahoma. Bell’s, the seventh largest Brewers-Association-defined craft brewery, will be partnering with Republic National Distribution Company of Oklahoma.
Coca-Cola is planning to use the Topo Chico brand as a platform to extend into the booming hard seltzer category, the company announced today. In a statement published on its website, Coca-Cola stated that it is “committed to exploring new products in dynamic beverage categories, including hard seltzer.”
Bubble NBA basketball is finally here — and two craft breweries are creating beers branded for their respective home teams. Deschutes Brewery will launch Rip City Lager in partnership with the Portland Trail Blazers. Also today, Framingham, Massachusetts-based Jack’s Abby Craft Lagers announced a four-year partnership with the Boston Celtics.
As the effects of the COVID-19 pandemic on the on-premise channel continue to be felt worldwide, Molson Coors Beverage Company reported $2.5 billion in net revenue for the second quarter of 2020, a 15.1% decline compared to the same period last year.
The COVID-19 pandemic cut into Anheuser-Busch InBev’s worldwide volumes and revenue during the second quarter of 2020. The world’s largest beer maker reported that its total volume in Q2 declined 17.1% — as beer volume declined 17.2% and non-beer volume declined 15.5% — while revenue declined 17.7%.
Today on Brewbound Frontlines, the leaders of Ballast Point Brewing will discuss their journey from running small upstart Kings & Convicts to making one of the year’s biggest acquisitions of 2019.
Citing what he called a “coordinated harassment campaign,” Stone Brewing co-founder Greg Koch took to his brewery’s blog earlier this week to address a trademark dispute with Morehead, Kentucky-based Sawstone Brewing.
The effects of the COVID-19 pandemic on craft breweries are beginning to be revealed as the Brewers Association (BA) today reported that craft beer volumes have declined around 10% through the first half of 2020.
The streak of consecutive billion dollar weeks for the beer category now stands at nine — and hard seltzers are continuing to push triple-digit growth. For the one-week period ending July 18, off-premise dollar sales of beer, cider and FMBs increased 15.4%, to $1.042 billion, compared to the same one-week period in 2019, according to market research firm Nielsen.
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The California distribution shuffle now includes New Belgium. The Fort Collins, Colorado-headquartered craft brewery notified six primarily Anheuser-Busch wholesalers in Southern California and eight Chicago area Molson Coors wholesalers of plans to terminate their distribution contracts without cause.
The Boston Beer Company has hired marketing executive Don Lane as its new vice president of the Truly Hard Seltzer brand. Boston Beer is investing $85 million to quadruple production at its nearly 90-year-old Cincinnati production brewery, according to a press release.
Consumers have ventured to on-premise establishments to eat at more than twice the rate they do for just drinks, a Nielsen CGA survey found. In the two weeks leading up to July 19, 41% of respondents had gone out for a meal. Meanwhile, just 16% had been out for only drinks, according to a July 22 report from Nielsen CGA, the on-premise arm of the market research firm.
Deep Ellum Brewing Company founder John Reardon has filed a lawsuit against the CANarchy Holding Corporation — and its private equity firm Fireman Capital Partners — alleging that the craft brewery rollup has failed to make several payments related to the 2018 acquisition of the Dallas craft brewery.
