Well, I hope your 1,461 pack of MOOSEHEAD beer arrived in time. Welcome to … “The Tariff Era” – a far less beloved (and self-induced) economic period than the “0% Interest Era” of yore. The 2010s really were Camelot.
Diageo is teaming up with consulting and investment firm Main Street Advisors for a strategic joint venture that swaps out the spirits giant’s majority ownership of Cîroc Vodka in North America for a majority stake in basketball legend Lebron James-backed Lobos 1707 Tequila.
The Brewers Association (BA) announced the recipients of the trade group’s annual Industry Awards today, recognizing “individuals and groups that have made a significant impact on the craft beer community.”
At a time when brewers are exploring spirits and ready-to-drink offerings as avenues for incremental revenue, Michigan-based spirits producer Benchmark Beverage Company is doing something similar: bolting on beer brands to expand its portfolio.
A foreclosure filing against Lakeland, Florida-based Brew Hub caught some people by surprise last week … including Brew Hub’s CEO. Brew Hub CEO Tim Schoen cited “miscommunication” between the contract brewery’s majority investor, private equity firm Yucaipa Companies, and Live Oak Bank, for the foreclosure filing, according to an email sent to Brew Hub clients on Thursday.
Republic National Distributing Company’s (RNDC) portfolio in California has shrunk again, as Gallo moves its popular High Noon Sun Sips ready-to-drink (RTD) canned cocktail line to the Reyes Beverage Group.
This week’s A Round With … features Dave Vitt, founder and CEO of Bellingham’s own Kulshan Brewing. In the Brewbound Insider-exclusive Q&A, Dave shares how Bellingham’s beer scene has evolved, how the Kulshan team keeps coming up with unique taproom events and how to stay positive in challenging times.
An estimated 10.3 million barrels of beer were shipped in the U.S. in February, a -14.9% decline and loss of more than 1.8 million barrels year-over-year (YoY), Beer Institute (BI) chief economist Andrew Heritage reported in the trade group’s latest round of economic reports, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Harvest Hill Beverage Company, best known as the maker of kids drink brands SunnyD and Juicy Juice, has agreed terms for its acquisition by Guatemalan business group Castillo Hermanos, in partnership with private investment firm Centervew Capital. Terms were not disclosed, though a report in the Wall Street Journal pegged the deal at around $1.5 billion.
President Donald Trump’s reveal of sweeping tariffs on Wednesday included a 25% tariff on all imported beer and empty aluminum cans. Those tariffs are expected to go into effect at 12:01 a.m. EDT Friday, April 4.
What’s going on in the country’s second-densest craft beer state? The Brewbound team hit the road to Portland, Maine, to find out. While in town for the New England Craft Brew Summit, Brewbound managing editor Jess Infante and senior reporter Zoe Licata checked in with 3 leaders to take the pulse of Maine’s formidable (and cheerfully collaborative) craft scene.
Off-premise trends across beverage-alcohol suggest an even bleaker year ahead for the industry than “what we already limped through in 2024,” according to the latest monthly update from Bump Williams Consulting (BWC) and founder Bump Williams.
Another day, another Colorado craft beer deal. Longmont-based Left Hand Brewing and Aurora-based Dry Dock Brewing announced they have merged under the craft-centric, crowd-funded platform Left Hand revealed plans to build last year.
St. Patrick’s Day gave the on-premise a welcome boost, but it wasn’t completely sunny for the bev-alc industry, according to the latest report by CGA, the on-premise arm of market research firm NIQ.
