Two of the largest remaining beer rating platforms are joining forces. Next Glass, the parent company of popular beer rating app Untappd, has reached an agreement to acquire Beer Advocate. Financial terms of the transaction were not disclosed.
In the latest edition of People Moves: Stone Distributing Company general manager Dave Watson is no longer leading the San Diego-headquartered craft brewery’s wholesaler division, and the company has tapped Anthony Trento as interim GM. Also, job changes at Firestone Walker, Boochcraft and Two Robbers.
The Boston Beer Company’s Truly Hard Seltzer will launch its Wild Berry flavor on draft nationwide on March 2, replacing the unflavored Truly on Tap draft offering that rolled out in August. Figueroa Mountain Brewing Company has laid off at least eight employees, according to the Full Pint.
Four events over six days. Last December was packed with business discussions and networking across the beverage, food, beer and cannabis industries. Now it’s time to revisit those insights and dive deeper. The complete agenda of presentations from BevNET Live, NOSH Live, Brewbound Live and Cannabis Forum are now available to watch online, including main stage and educational presentations, Livestream Studio interviews and breakout session discussions.
Sierra Nevada’s new innovation arm, the Chico Fermentation Project, has announced its first release: Strainge Beast Hard Kombucha, the company’s first-ever beyond beer offering.
Truly Hard Seltzer sales boosted the Boston Beer Company’s fourth quarter revenue to an all-time high of $301.3 million, but it wasn’t without cost, as profits took a hit due to expensive third-party contract production.
After five years at the helm of Heineken N.V.-owned, Petaluma, California-based Lagunitas Brewing Company, CEO Maria Stipp is exiting the company, according to a press release. Effective February 21, Dennis Peek, who most recently served as managing director of Heineken Canada, will take over the CEO role.
Cider is always taking people by surprise, according to American Cider Association (ACA) executive director Michelle McGrath. “CiderCon always beats the expectations of people who have never been here before,” she said. In Episode 3 of the Brewbound Podcast’s third season, McGrath shared the organization’s goals and challenges as cider fights for share in an increasingly crowded alcoholic beverage marketplace.
The Boston Beer Company’s sales in 2019 reached $1.25 billion, a 25.5% increase compared to 2018, according to the company’s earnings report released Wednesday afternoon.
Four lawsuits claiming that Craft Brew Alliance (CBA) omitted “material information” from a proxy statement related to the craft beer maker’s planned merger with Anheuser-Busch InBev have been dropped after the Portland, Oregon-headquartered company filed a supplemental report, according to a U.S. Securities and Exchange Commission filing on Tuesday.
Newly named Massachusetts Brewers Guild’s president Sam Hendler wants to finally resolve the contentious franchise reform debate with the state’s wholesalers. Hendler, a co-founder and co-owner of Framingham, Massachusetts-based craft breweries Jack’s Abby Craft Lagers and the Springdale Beer Company, acknowledged that the franchise law reform effort has been dragging on long before he was of legal drinking age. “I was a high school senior when it started,” he told Brewbound.
CODO Design evaluates evolution versus revolution when rebranding in the latest installment of Brewbound Voices.
Deschutes Brewery has named vice president of marketing Neal Stewart as its next vice president of sales. Stewart’s promotion to VP of sales and marketing was announced Friday during a quarterly “co-owners meeting” of the employee-owned company’s workforce.
Brewery metrics and key performance indicators are used to benchmark and compare financial performance so that you can increase profitability and cash flow. In this article, we’ll review commonly used brewery ratios and industry averages. We’ll explore how to calculate these metrics and build scorecards to present the information.
