Brewbound Insiders are reading details of Constellation Brandsâ latest divestment in its wine and spirits division, with the sale of Svedka Vodka to Sazerac. Insiders are also diving into the latest weekly scan data from Circana; reading about the closure of Ciscoâs Portsmouth taproom; and catching up on several job changes.
Weâre just 8 days away from the 2024 Brewbound Live business conference in Marina del Rey, California. Industry leaders will gather for two days of business conversations, networking and relationship building on December 11 + 12. To foster networking time in a casual setting, weâre hosting two Brewbound Live parties filled with beer, booch and business conversations.
Constellation Brands has reached an agreement with spirits giant Sazerac to offload its Svedka Vodka brand, the company announced today. The sale, which is expected to close âin the coming months,â is part of Constellationâs plan to premiumize its wine and spirits business, which have not kept pace with the gains its beer portfolio of Mexican imports has delivered.
The pub at Cisco Brewersâ complex in Portsmouth, New Hampshire, has closed, the brand announced last week.
Draft beer considerably outperforms package in on-premise outlets that offer both options, according to a report released today by Draftline Technologies and CGA, the on-premise arm of market research firm NIQ.
Folks, weâve had a lot of advancements in craft beer over the years (flaked oats â who knew?), but like many other sectors in life, the folks north of the border are showing us how itâs done. ONTARIO RACING is celebrating the release of a new UNFILTERED documentary project by partnering with local brewery AVLING to finally create a beer so that you too can feel like a horse when having a cold one.
The Brewers Association announced the results of its board of directors election today. Three candidates were elected to serve three-year terms starting February 2025.
Molson Coors has acquired Cruz Blanca, the Chicago-based, Mexican-inspired beer brand, Brewbound has confirmed.
Understanding the beer categoryâs often conflicting 2024 trends will be among the keys to winning in 2025 and beyond. Kaleigh Theriault, director of thought leadership for NIQâs beverage-alcohol vertical, and Mary Mills, a consultant for 3 Tier Beverages, will guide attendees of the 2024 Brewbound Live business conference through the categoryâs highs and lows, from pricing and inflation, to higher ABV products and non-alcoholic beverages, to craftâs roller coaster by style, region and brand.
Breweries in the Mecklenburgs both old and new are uniting to deliver a black beer for Black Friday. Charlotte-based Olde Mecklenburg Brewery (OMB) today announced its first-ever international collaboration with StĂśrtebeker Braumanufaktur, a craft brewery in the German state of Mecklenburg-Vorpommern.
After a packed news week, the Brewbound team breaks down the latest headlines, including leadership reorganization and staff cuts at the Brewers Association and an impending CEO change at Heineken-owned Lagunitas. Jess, Zoe and Justin also preview the Brewbound Live business conference.
On December 11 + 12, Brewbound Live returns to Marina del Rey, CA, offering beer and beverage alcohol companies a unique opportunity to engage in One-to-One meetings with Whole Foodâs Market, ExtraMile Convenience, Reyes Beverage Group, Breakthru Beverage, California Beverage Solution, and now, Applebeeâs.
Distributor sentiments for beer category strength shifted from cautious to âneutralâ in November, according to the National Beer Wholesalers Association (NBWA) in the trade groupâs latest Beer Purchasers’ Index (BPI) report.
Total beverage-alcohol sales have declined -7.7% year-over-year (YoY) for the week ending November 17, according to market research firm Circana.
