We’re just three weeks away from our next Brewbound Session, happening on Wednesday, November 29 in Santa Monica, Calif., and we’re excited to show off a first look at the agenda. Featuring multiple presentations and panel discussions with the alcohol industry’s top thought leaders, we’ve designed the Winter 2017 event specifically to help serious beer industry professionals better understand and capitalize on the future of the category.
The U.S. Food & Drug Administration (FDA) released its latest draft guidance for calorie-posting requirements on Tuesday, offering additional clarification for establishments in which alcoholic beverages are a regular part of menus.
E-commerce retail sales are approaching $400 billion dollars, but a mere 0.2 percent of beer — or about 3.5 million cases — was purchased online last year, according to Heineken CEO Ronald den Elzen. Den Elzen, presenting to more than 200 beer industry professionals attending yesterday’s Beer Marketer’s Insights seminar in New York City, called the shift away from brick-and-mortar purchases a “retail revolution.” By 2021, den Elzen projected that online beer sales will grow to 2.4 percent, to 53 million cases.
For the second time in just five months, Massachusetts’ Atlantic Beverage Distributors has sold the distribution rights to a prominent San Diego-based craft brewery. Beginning today, Craft Beer Guild LLC, a subsidiary of Sheehan Family Companies, will distribute Stone Brewing Company products throughout the state.
Denver’s Renegade Brewing today announced the sale of an undisclosed stake to Silver Fox Partners, a Northeastern family office founded earlier this year by Anne Mulcahy, the former CEO and Chairwoman of the Xerox Corporation. Specific financial terms of the deal, which was finalized last Wednesday, were not disclosed.
Texas-based contract brewery Guns & Oil Beer has reached an agreement to take over the former Payette Brewing Co. production facility located about two miles outside of Boise, in Garden City, Idaho. In a conversation with Brewbound, Guns & Oil founder Cary Prewitt said he’s taken out bank loans to finance the $1 million project, including acquiring Payette’s 15-barrel brewhouse. He added that he’s signed a five-year lease on the 11,000 sq. ft. property.
Those that tuned into to watch the Houston Astros capture their first World Series title by defeating the Los Angeles Dodgers on Wednesday night were treated to a barrage of alcohol ads during the three-and-a-half-hour affair. Two beer companies — Constellation Brands and Boston Beer — sprung for multiple Game 7 spots, marketing a wide variety of beer, cider, and flavored malt beverage brands to more than 28 million viewers.
In this week’s edition of Last Call, Bear Republic raises funds for wildfire victims; New York’s MTA bans booze ads; Boulevard announces the release of its first cider; Black Star Line finds a home; and more.
Molson Coors today reported a worldwide net dollar sales decline of 2.1 percent in the third quarter, highlighted by the company’s continued struggle to regain market share in a crowded U.S. marketplace.
As a stopgap until it can identify a more permanent solution for capacity constraints, Massachusetts’ Night Shift Brewing will begin augmenting its production via a contract brewing agreement with Smuttynose Brewing Company in New Hampshire.
TAPS Fish House and Brewery has announced plans to open a $3.3 million production facility in Southern California, about 15 miles away from its original brewpub location. The new 19,000 sq. ft. location, slated to open in late January 2018, is the company’s first commercial-scale brewery and will eventually be capable of producing 25,000 barrels annually.
After a seven-month search for a new vice president of sales, Salt Lake City’s Uinta Brewing has hired Brian Curran to lead its sales team. Curran supplants Steve Kuftinec, who spent 18 years with the Utah craft brewery but departed in June to launch a craft distillery in the San Diego area.
Mass Bay Brewing Company, maker of the Harpoon and UFO brands, today announced the purchase of Massachusetts-based contract brand Clown Shoes. Specific financial terms of the deal were not disclosed, however Mass Bay Brewing co-founder and CEO Dan Kenary told Brewbound that his company had acquired 100 percent of Clown Shoes’ assets.
