Spirits Industry Braces For Tariffs Retaliation, Pricing Hikes
As President Trump moves forward with tariffs, the spirits industry is bracing for a trade war that could bring price increases and shake up the backbar.
As President Trump moves forward with tariffs, the spirits industry is bracing for a trade war that could bring price increases and shake up the backbar.
President Donald Trump launched a trade war today with the United States’ North American trade partners, Canada and Mexico, implementing 25% tariffs on goods imported from each country. Trump also doubled existing duties on goods from China to 20%.
When Adam Spiegel founded Sonoma Distilling Company in 2010, it was the 15th distillery to open in California. Now the Golden State boasts more than 300 distilleries, more than any other state, and Spiegel is embarking on a new chapter aiming to help revitalize what he calls a “broken three-tier system.”
2025 kicked off with cautious optimism for the beer category, but that has been quickly subdued after a disappointing February and Super Bowl performance, according to Bump Williams Consulting’s (BWC) monthly report, citing NIQ off-premise data (total U.S. xAOC + liquor + convenience) through mid-February.
Distributor sentiment cratered in February 2025, with the National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index (BPI) survey recording a 14-point, year-over-year (YoY) decline to an index of 35.
Jon Renthrope, CEO and brewmaster of New Orleans-based Cajun Fire Brewing, grabs A Round With Brewbound in this Insider-exclusive Q&A with industry leaders. He shares insights gained from founding the first Black-owned brewery in Louisiana since Prohibition, and from exploring international markets, as well as goals for his term as president of the National Black… Read more »
Monster Beverage Company reported a $130.7 million impairment charge on its alcohol brands in Q4 2024, bringing its total write down on its bev-alc business over the last year to more than $138.7 million, the energy drink giant reported yesterday in its Q4 and full-year 2024 earnings report.
Glancing at the adult non-alc (ANA) section of a store, most drinkers aspiring to moderate for the first time likely won’t find brands they recognize. They might prefer it that way.
The Brewbound team is hitting the road and heading to the Craft Brewers Conference on April 28 – May 1 in Indianapolis, Indiana. Brewbound’s Jessica Infante, Justin Kendall and Zoe Licata will be on the ground, covering all the latest news and presentations coming out of the conference, as well as hosting live podcast interviews at the Brewbound booth (#512).
In the first installment of 2025, 3 Tier consultants Danelle Kosmal and Devon Hevener share a trio of insights on industry growth, and accompanying downward trends, with NIQ off-premise data through January 25. Hot topics include high ABV beer and beyond, craft beer 6-packs and hard cider.
In a very special crossover episode, BevNET managing editor Martín Caballero joins the Brewbound Podcast to break down the blockbuster Celsius/Alani Nu deal.
Teamsters Local 1199 has filed an unfair labor practice (ULP) on behalf of union members at the Boston Beer Company brewery in Cincinnati, Ohio.
After ending fiscal year 2024 (FY24) with single-digit volume declines, Boston Beer is planning to dial in on key innovation items and support its portfolio with increased advertising in 2025.
The CEO of Republic National Distributing Company (RNDC) is out this morning following the distributor’s loss of two major suppliers in the country’s largest spirits market.