Distributor sentiment for bev-alc’s Memorial Day weekend (MDW) backs up reports that the holiday failed to bring the boost industry members were hoping for, according to the latest Bev Bytes report from Goldman Sachs.
Despite rising regulatory hurdles nationwide, optimism still exists for intoxicating hemp beverages, as evidenced by smaller investment funds’ desire to back brands in the nascent category.
The Dead are helping raise Dogfish Head’s trends. The Boston Beer Company-owned, Milton, Delaware-based craft brewery’s launch of Grateful Dead Juicy Pale Ale earlier this year has returned the brand to growth for the first time since 2019, co-founder Sam Calagione told Brewbound last week.
Post-Memorial Day weekend scans “retraced to expected level[s]” in the latest report by market research firm Circana. Total bev-alc dollar sales in Circana-tracked off-premise channels were down 3.2% YoY and 6% WoW for the week ending June 1.
The legal sparring between exporter CraftCanTravel LLC (CCT) and Anheuser-Busch InBev (A-B) continues. CraftCanTravel sued A-B in federal court last year, alleging that the brewer infringed upon its exclusive rights to export the former Craft Brew Alliance (CBA) portfolio of brands, including Kona Brewing, “to most of the world.”
The beer category’s current bogeymen aren’t what’s plaguing Constellation Brands, leaders explained during Deutsche Bank’s dbAccess Global Consumer Conference last week.
Yet another legacy Colorado craft brewery is changing hands. Durango-headquartered Ska Brewing was acquired in May by two families with ties to beer distribution, including Bob Ariano, who owns A&L Coors Distribution, the Durango Herald reported.
Wilding Brands, the Colorado-based craft beverage and hospitality platform, has expanded again with the acquisition of Denver’s Station 26 Brewery, the companies announced last week. Station 26 founder Justin Baccary will remain in his role leading the brewery as it joins the collective.
according to this new NY Times piece, twentysomethings now get anxiety from leaving credit card tabs open, and yes, that sound you hear in the background is Gen X rolling our eyes at you big time. Instead, a lotta kids today pay with their credit cards and close out every time they go up to the bar to order a … HIGH NOON, even if they’re drinking several during a bar visit. What’s that? Cash? Yeah, not so much, boomer.
While former RNDC suppliers plot their next move, what will be the impact of the distributor’s exit on independent spirits and ready-to-drink (RTD) brands in California, and beyond?
Barrel One Collective-owned Harpoon Brewery is expanding to New Hampshire, opening an “experimental brewery, restaurant and taproom” in the Granite State later this month, the Massachusetts-based craft brewery announced today.
Domestic tax paid shipments fell back in the red in April, declining 3% year-over-year (YoY), to an estimated 12.1 million barrels, according to the Beer Institute (BI), citing figures from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Soft consumer spending on bev-alc and tariff uncertainty weighed on whiskey giant Brown-Forman’s fourth quarter fiscal year 2025 earnings and outlook for next year, triggering shares to plunge 15% Thursday morning.