New Haven, Connecticut-based Dichello Distributors is suing Anheuser-Busch, claiming A-B “engaged in an ongoing conspiracy” with Sal DiBetta, a former employee who later worked as CEO of the wholesaler between 2013 and 2016, as well as “other unnamed parties,” to “undermine” Dichello and force president John Hall’s family to sell the business to A-B, according to a complaint filed on June 17 in the Connecticut Superior Court.
The National Beer Wholesalers Association’s monthly Beer Purchasers’ Index bounced back from a dismal 35 reading in April to an overall index of 66 in May. Long-time Vermont Cider Co. executive Terry Hopper is exiting the maker of Woodchuck Hard Cider, effective today. And more industry news bites.
Two of the largest hard seltzer makers are launching new offerings outside of the segment’s standard 5% ABV, 100-calorie playbook.
In light of the COVID-19 pandemic, Anheuser-Busch InBev is examining discretionary spending, halting new product launches and promotions and upping its investment in e-commerce, CEO Carlos Brito said during A-B’s first quarter earnings call today.
More than a year after it began, a federal circuit judge ruled that Anheuser-Busch InBev is free to continue its advertising campaign calling out the use of corn syrup in Molson Coors Beverage Company’s flagship light lagers.
Anheuser-Busch InBev today announced several measures in response to the COVID-19 pandemic, including a $1 million donation to the U.S. Bartender Emergency Assistance Program and a 50% reimbursement for untapped, out-of-code beer through July 1.
Craft Brew Alliance (CBA) referred to the Kona brand as its “cornerstone” while reporting the company’s fourth quarter and full-year 2019 earnings report Wednesday afternoon. Last year, the Hawaiian-themed craft beer brand shipped 474,800 barrels, an increase of 4.1%.
Surprising to almost no one, beer dominated social media conversations about alcoholic beverages during Super Bowl LIV, according to consumer insights firm Social Standards.
Anheuser-Busch InBev’s revenue increased 4.3%, to $52 billion, in 2019, but executives within the world’s largest beer company said Thursday that the growth fell short of expectations.
The marriage of Craft Brew Alliance (CBA) and Anheuser-Busch InBev cleared another hurdle today as shareholders of the Portland, Oregon-headquartered craft beer maker voted to approve a sale of the company to the world’s largest beer manufacturer.
The U.S. Department of Justice is seeking additional information and documentation from Anheuser-Busch InBev and Craft Brew Alliance (CBA) as the two companies work toward a planned merger that was announced last November, according to a filing this morning with the U.S. Securities and Exchange Commission.
The long-rumored exit of Anheuser-Busch InBev CFO Felipe Dutra was officially announced today. The world’s largest beer manufacturer revealed that Dutra will step down from his role as chief financial and technology officer, effective April 29 following the company’s annual shareholder meeting.
Super Bowl draft beer consumption declined 1.3% in 2020 compared to last year’s game day, according to technology company BeerBoard, which tracks on-premise sales. At on-premise accounts Beer Board tracks, Michelob Ultra volume sales increased 28.7% over last year; total IPA volume was up 28%.
Sunday’s Super Bowl between the Kansas City Chiefs and San Francisco 49ers in Miami marks the first major beer-drinking occasion of 2020. In 2019, U.S. consumers spent $1.2 billion on beer at off-premise retailers in the two weeks leading up to the game between the Los Angeles Rams and New England Patriots, according to market research firm Nielsen. Those sales were roughly flat, though, down 0.5%, compared to 2018.