The Brewbound Live Pitch Slam, presented by Craft Brew Alliance, returns to Santa Monica, CA, during the Brewbound Live Winter 2019 conference December 4-5. The business pitch competition is designed to encourage entrepreneurship and build awareness for startups within the beer, cider, hard seltzer, and alcoholic kombucha categories.
Anheuser-Busch InBev today reported global revenue growth of 6.2 percent in the second quarter of 2019, despite ongoing volume declines in the U.S. A-B, the world’s largest beer manufacturer, recorded revenues of more than $13.9 billion during the quarter, and a gross profit of $8.7 billion. The company credited “healthy volume growth, global premiumization and revenue management initiatives” for its increased revenue worldwide.
The Canarchy Craft Brewery Collective – whose brands include Oskar Blues, Cigar City, Deep Ellum, Perrin Brewing, Three Weavers, and Utah Brewers Cooperative (Wasatch and Squatters) – continued its growth through the midway point of 2019. Speaking to Brewbound, Canarchy president Matt Fraser said portfolio-wide depletions were up 13 percent through the first six months of the year.
It’s an age-old question: What does a “craft beer drinker” look like? According to market research firm Nielsen, which presented findings from its newest “Craft Beer Insights Poll” (CIP) during a Brewers Association-sponsored webinar last week, the average weekly craft beer drinker is primarily male, between the ages of 21 and 44, and makes between $75,000 and $99,000 annually. However, those demographics are beginning to shift among less frequent consumers of craft, with 79 percent of women considering themselves monthly drinkers.
During episode 44 of the Brewbound Podcast, I introduced and facilitated a conversation with my co-host, Justin Kendall, that was inappropriate misguided and had no place on the show. First and foremost, I owe everyone involved a sincere apology.
During Episode 44 of the Brewbound Podcast, myself and Chris Furnari, in discussing a story on beer influencers of Instagram, had a conversation that was in poor judgment and poor taste. We missed the mark, and that discussion does not reflect the thought-provoking conversations that we strive to have at Brewbound.
The landscape in the Pacific Northwest has changed considerably since Josh Pfriem, Ken Whiteman and Rudy Kellner opened pFriem Family Brewers in Hood River, Oregon in 2012. Now on the verge of its seventh anniversary, pFriem is in the midst of a pair of expansion projects that will double its capacity in 2020.
We at BevNET — the parent company of Brewbound — owe an apology to our podcast listeners, readers, and members of the community we serve. The intent of the Brewbound podcast is to engage in discussion and illumination of various aspects of the unfolding craft beer story. What our hosts said about influencers in that episode was inappropriate and offensive to our listeners and community, as well as the people who were mentioned by our hosts by name.
Rumors of a large layoff at Massachusetts’ Lord Hobo Brewing Company began circulating Thursday evening on social media. Reality was much different. Lord Hobo founder Daniel Lanigan told Brewbound that the company cut eight jobs across sales, marketing, production and taproom staff this week, which he classified as part of the “normal course of business.”
A week after pulling back from a planned IPO of its Asia-Pacific operations, Anheuser-Busch InBev announced today an $11.3 billion deal to sell its Australian subsidiary, Carlton & United Breweries, to Asahi Group Holdings.
The New York State Liquor Authority (SLA) on Wednesday finalized a $1.25 million settlement agreement with Heineken USA (HUSA) for 42 alleged violations of the state’s Alcoholic Beverage Control (ABC) law. The New York fine comes three months after HUSA agreed to pay the largest offer in compromise ever — $2.5 million — to the Alcohol and Tobacco Tax and Trade Bureau for alleged trade practice violations related to its proprietary “BrewLock” draft systems.
In episode 45 of the Brewbound Podcast, McGreevy discusses his group’s effort to extend tax cuts for all brewers and importers. He also discusses the importance of fighting aluminum and steel tariffs.
The critical summer selling season is underway, and total beer, cider and FMB sales are off to a strong start. According to market research firm Nielsen, dollar sales of beer/cider/FMBs grew 4.9 percent in off-premise retailers during the Fourth of July holiday week (ending July 6) compared to the same timeframe last year. Hard seltzer was largely responsible for driving the nearly 5 percent growth this Independence Day, accelerating sales 147 percent, Nielsen reported.
John Bryant, the founder of Spokane, Washington’s No-Li Brewhouse, doesn’t mince words when describing the state of the beer industry in 2019. “It’s chaos,” he told Brewbound during a recent interview. The beer industry veteran — whose three-decades-long career includes stints at Deschutes Brewery, Odell Brewing and Oskar Blues — is, of course, referring to the 7,500-plus craft breweries fighting for distributor, retailer and consumer mindshare.
