Scottish craft brewers BrewDog are on pace to double its U.S. business this year. In an email to BrewDog USA wholesalers, chief revenue officer Adam Lambert reported that the company’s depletions (sales to retailers) increased 95% through the first eight months of the year. The company has also sold more than 320,000 case equivalents.
The private investment group announced as a majority investor in Weyerbacher Brewing Company this past April has backed out of the deal, the brewery’s chief operating officer, Josh Lampe, told Brewbound. Instead, the Easton, Pennsylvania-based craft brewery has turned to a group of seven individuals and two trusts to invest $50,000 in exchange for shares in the business, according to a reorganization plan filed in U.S. Bankruptcy Court in Pennsylvania’s Eastern District.
All Market Inc., the maker of Vita Coco, announced today that former Boston Beer Company president and CEO Martin Roper has joined the company as its president.
Eighteen days after Texas’ new beer-to-go law went into effect, manufacturing brewers are reporting high levels of consumer enthusiasm for the opportunity to buy and take home packaged beers from taprooms.
It’s no secret that forward-thinkers are eyeing the cannabis space as the next big boom. To provide a look into this budding category, we’re bringing together a panel of former beer executives who have transitioned to companies within the cannabis space.
After about four years of discussion, the stalled effort to launch a brand agnostic, pro-beer marketing campaign to improve category health officially kicked off today in Austin, Texas. The so-called Beer Growth Initiative, a coalition of the industry’s three trade groups — the National Beer Wholesalers Association (NBWA), Brewers Association (BA) and Beer Institute (BI) — as well as large and small beer companies also revealed its first slogan: “Beers to That.”
The key summer selling season ended on a high note for the beer category, as dollar sales of beer, cider and FMBs increased 4.4% in off-premise retailers during the Labor Day holiday week (ending August 31) compared to the same time last year, market research firm Nielsen reported.
In the latest edition of Press Clips: Founders Brewing’s sale to Mahou San Miguel is valued at $198 Million; Colorado Brewers Guild names new executive director; Dark Horse Brewing behind on mortgage and property taxes; and Dogfish Head sends artifacts to the Smithsonian.
Coors Distributing Co. is taking a step into the growing CBD-infused beverage category, announcing Friday that it will begin distributing products from Colorado’s Best Drinks and DRAM Apothecary.
In the latest Last Call: Anheuser-Busch InBev resumes Asia-Pacific IPO application; Roak Brewing to acquire Dark Horse; Reyes closes on DBI deal; A-B appeals ‘No Corn Syrup’ preliminary injunction; and more.
At this year’s Craft Beer Conference, Bart Watson’s message to attendees was clear: The craft beer industry is entering a maturation period. Growth in the craft sector, while still present, has slowed, and the industry’s“new normal,” is setting in.
La Colombe Coffee Roasters has teamed with MillerCoors on a new low-alcohol, cold-brew coffee line that will be tested in select U.S. cities later this month. The Philadelphia-based coffee roaster and retailer announced yesterday the launch of La Colombe Hard Cold Brew Coffee, a 4.2% ABV beverage that will be available in a limited run of 9 oz cans in Boston, Massachusetts; Tampa, Ft. Meyers and Treasure Coast, Florida; and Denver, Colorado.