Brewers Association-defined craft beer companies could lose nearly 18 million cases equivalents if the shutdown of nearly all U.S. on-premise outlets forced by COVID-19 lasts through April, Nielsen CGA client solutions director Matthew Crompton shared during Friday’s Brewers Association Power Hour webinar.
Constellation Brands will continue production of import brands Corona, Modelo and Pacifico at its facilities in Mexico, despite the suspension of nonessential businesses in that country.
Cascade Brewing, a Portland, Oregon-based brewpub known for its sour and barrel-aged beers, has been sold to a group of four local investors who each have ownership stakes in other Oregon breweries.
Today we pause and take the opportunity to talk about the impacts of COVID-19. Presented by Dogfish Head, Brew Talks Virtual is live today, April 2nd from 3 p.m. to 5 p.m. ET. Learn how fellow small breweries, retailers and industry leaders are working through the crisis and have the opportunity to ask your own… Read more »
The Brewers Association (BA) yesterday released its annual ranking of the top 50 craft brewers based on sales volume.
Danelle Kosmal, Nielsen’s VP of beverage alcohol practice, shared thoughts on beverage alcohol’s big stock up, if the trends will continue, the spike in e-commerce sales and more.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) announced Tuesday that it will postpone tax payments and filing deadlines as its constituent businesses grapple with the effects of the COVID-19 pandemic. Craftworks Holdings has laid off its nationwide staff of 18,000 people, according to Westword.
The Brewers Association tapped representatives from law firm McDermott Will & Emery to educate members on the $2.2 trillion stimulus package signed into law last week to provide relief during the COVID-19 pandemic.
In a matter of days, Austin, Texas’ Jester King Brewery had lost two-thirds of its revenue, which dried up as the company preemptively closed its tasting room on March 16 — a week before Travis County issued a stay-at-home order on March 24 through April 13 — due to concerns over the spread of the novel coronavirus disease COVID-19.
San Diego-headquartered Stone Brewing’s long-running trademark infringement lawsuit against Molson Coors’ Keystone brand will move to trial in October. Stone first brought the lawsuit against MillerCoors in February 2018 in the U.S. District Court Southern District of California, alleging that the April 2017 packaging and marketing refresh for the company’s Keystone Light brand that more prominently featured the word “Stone” infringed on the craft brewery’s intellectual property.
The state of Massachusetts, which temporarily banned on-premise dining and drinking on March 17, has taken a step toward approving to-go sales of beer and wine, something most other northeastern states have had in places since their on-premise bans began.
Every brewery’s goal right now should be survival, Monday Night Brewing Company co-founder Jeff Heck told Brewbound editor Justin Kendall during an interview last Friday. “If you’re not already in survival mode, you’re weeks behind,” he added.
Rabobank analysts Jim Watson and Bourcard Nesin, who also host the Liquid Assets podcast, shared insights into the shift in consumer purchasing behaviors caused by the coronavirus disease, the effect on premium products, the e-commerce opportunity and the challenges facing small brewers and much more.
The U.S. House of Representatives passed the $2.2 trillion stimulus package Friday afternoon and sent the bill to President Donald Trump, who signed the bill into law at 4 p.m. ET in the Oval Office. U.S. brewers shipped 11,350,000 barrels in February, a decline of 0.7% compared to February 2019, according to national trade group the Beer Institute.
