Earlier this month, the financial services company UBS downgraded Boston Beer Company stock to a “sell” rating. A 19-page report cited slowing topline growth and an absence of new product innovation as the main considerations behind the new rating. UBS analyst Kaumil Gajrawala explains to Bloomberg why Boston Beer suffers from the ‘innovators curse’ in… Read more »
KAILUA-KONA, HI – A longtime staple in Hawaii will soon make its way ashore, courtesy of Hawaii-born Kona Brewing Company. Big Wave Golden Ale will join Kona’s portfolio on the mainland that includes flagship Longboard Island Lager, Fire Rock Pale Ale and the trio of Aloha Series seasonals available at select times during the year.
Austin, TX—An economic study commissioned by the Texas Craft Brewers Guild (TCBG) shows explosive growth for independent Texas craft brewers, with economic contributions to the state economy exceeding $608 million, and job creation underway through all stages of production and sale. The study projects the industry’s economic impact could reach $5.6 billion annually in less… Read more »
ATHENS, GA — Reunion 2012! Terrapin Beer Co., Shmaltz Brewing, and Alan Shapiro (founder of SBS Imports) have once again joined forces in one of the most unique and worthwhile collaborations in craft beer. One beer style, two great breweries, and one great causeÔǪ The Reunion: A Beer for Hope fundraising campaign.
The folks behind Pintley – the online beer community and mobile app for consumers and brewers — have launched a new, local beer collaboration project called ONCEMADE. Founders Tim Noetzel and Rich DiTieri were searching for a way to get more involved with the brewing process and wanted to create something in their local Massachusetts… Read more »
FORT COLLINS, CO. – New Belgium Brewing’s (www.newbelgium.com) new fall seasonal, Red Hoptober, is now available, offering a taste of autumn with cooler temperatures just around the corner. Red Hoptober is a dark garnet ale with a bright head and three varieties of hops. El Dorado hops from Central Washington are bold and present with… Read more »
Earlier this month, Dogfish Head announced that the popular Indian Brown Ale would be going year-round in five new states — California, Arizona, Washington, Oregon and Colorado — marking the first time since the company pulled back distribution in 2011 that a year-round offering was released to new markets.
PORTLAND, ME — Gritty McDuff’s and Shipyard Brewing Company are the official beer sponsors of the Mumford & Sons Gentlemen of the Road Stopover in Portland, Maine on the Eastern Promenade. This August 4th Portland event is the first U.S. Stopover of just four hand selected cities nationwide and is expected to draw 16,000 people.
The large domestic brewer Anheuser-Busch is taking a page out of craft’s playbook and will be sampling six small batch beers this summer. Each beer is distinguished by the ZIP code where the beer was brewed but feature different ingredients and ABV’s. The same yeast strain being used throughout all of the beers.
DURANGO, CO. — Steamworks Brewing Co. Co-assistant General Manager Steve “Duder” Kammerer has taken the “next step” in the national Cicerone (sis-uh-rohn) Certification Program, achieving “Certified Cicerone┬«,” a title held only by approximately 400 in the country.
BIGFORK, MT — Flathead Lake Brewing Co. (“FLBC”) will soon have a new home. The brewery, currently located in Woods Bay, will move into the old North Shore Bowling Alley building in Bigfork at Holt Drive & HWY 35. The space is currently vacant and will undergo a remodel before the brewery moves in. Initial… Read more »
PROVIDENCE, RI — Narragansett Beer today announces the debut of a specialty retro Lager can that harkens back to the 1970s, ‘Gansett’s glory days when the brewer was producing 1.7 million barrels of beer per year. For a limited time, all 18-packs of 12oz. cans of Lager will feature the same design and logo that… Read more »
New research from Mintel, a London-based research firm that provides data across various consumer channels, suggests that Hispanics are more likely to select beer as their alcoholic beverage of choice. According to the report, Hispanics drink more imported beer than any other ethnicity.
On Monday, Brewbound.com brought you Part I in The Lost Abbey’s latest marketing approach – unsuspectingly crashing a private beer tasting. The video, a teaser, provided a glimpse of what was to come when brewery co-founder Tomme Arthur knocked on the door of the private event.
