America Cider Association Elects 2 New Members to Board of Directors
Two new members have been elected to the American Cider Associations (ACA) board of directors, the hard cider industry trade group announced last week.
Beyond Beer
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Hard Cider in a Chapter Primed for Growth, But Needs to ‘Claim the Throne’
The 15th annual CiderCon took place in Chicago earlier this month, drawing about 850 attendees and cider industry members to the Windy City for the American Cider Association’s (ACA) annual industry conference and trade show.
Non-Alcoholic Beer Grabs 4.2% Share of Beer Grocery Sales in January; Sales +23.5%, Volume +20%
Non-alcoholic (NA) beer claimed a record 4.2% share of beer category grocery sales during Dry January, according to an analysis by Bump Williams Consulting chief strategy officer Dan Wandel. NA beer recorded double-digit year-over-year (YoY) increases in dollar sales (+23.5%) and volume (+20.2%) in U.S. food stores tracked by market research firm NIQ for the four-week period ending February 1.
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Brooklyn Brewery Takes Minority Stake in Hoplark, Forms Strategic Partnership
Brooklyn Brewery has taken a minority stake in Boulder, Colorado-based non-alcoholic (NA) hop tea maker Hoplark as part of a Series A funding round, the two companies announced today.
NIQ: Non-Alc Reaches $510M; NA Craft Beer and Spirits Drive Growth
Non-alcohol spirits, wine and beer now have a market value exceeding half a billion dollars in off-premise channels, according to a new NIQ report on the category.
Reverend Nat’s Hard Cider to Cease Operations
Portland, Oregon-based Rev. Nat’s Hard Cider will cease operations on September 24 after 12 years in business, according to the Oregonian. The closure comes just six months after Rev. Nat’s opened a new taproom in Southeast Portland.
Brown-Forman: Global Sales Up 3%; Ad Spend Up on Jack & Coke Launch
Brown-Forman net sales increased 3% to $1 billion in Q1 FY 2024, but took a hit in the U.S. due to slower whiskey sales, supply chain challenges, and rebuilding inventory.
Canelo RTD Steps Into the Ring, Backed By Spirit of Gallo
The company behind leading ready-to-drink cocktail High Noon is bringing out a new contender: VMC, a tequila-based canned cocktail born from a partnership between world champion boxer Saúl “Canelo” Álvarez, Spirit of Gallo, and Casa Lumbre is set to release next month, the company announced today.
Best Day Brewing NA Beer Brand Chasing 20k Barrels in Year 2
Non-alcoholic beer brand Best Day Brewing is chasing a Year 2 milestone, producing between 15,000 and 20,000 barrels of beer, founder and CEO Tate Huffard told Brewbound.
“If The Liquid is Not Good, They’re Not Coming Back”: Brown-Forman RTD Director on Jack & Coke
In bringing together two of the biggest names in beverage – Jack Daniel’s & Coca-Cola – for a ready-to-drink (RTD) cocktail, Dallas Cheatham, Brown-Forman’s ready-to-drink portfolio director, knew the consumer buy-in was there.
Sierra Nevada to Go Big on Hazy and Imperial IPAs, Non-Alc, Day Drinking in 2024
Sierra Nevada shared its 2024 brand plans today with wholesalers. The slate of new products will include new hazy and imperial IPAs, non-alcoholic beers and hop waters, and offerings for day drinking occasions.
Beam Suntory: Sales Up in H1 2023; Slowdown in U.S.
Beam Suntory reported a 10% rise in net sales for the first half of 2023, driven by ready-to-drink (RTD) brands and the company’s premiumization strategy, but nevertheless did face performance struggles in North America.
Does Blue Run and Molson Coors Deal Signal More Spirits M&A?
Molson Coors made headlines this week when it announced that it agreed to purchase Kentucky-based distillery Blue Run Spirits, marking the beer giant’s first spirits acquisition and the formal launch of its Coors Spirits Co. business.
Molson Coors Set to Acquire Blue Run in First Spirits Acquisition
Molson Coors has agreed to purchase Kentucky-based distillery Blue Run Spirits, marking the beer giant’s first spirits acquisition and the formal launch of its Coors Spirits Co. business. The amount was not disclosed.
NIQ: RTDs Reach $10B, Spirits and FMBs Drive Growth
Ready-to-drink and serve products have surpassed $10 billion dollar sales in off-premise channels in the latest 52 weeks ending July 8, representing a 7% increase compared to the previous period, according to an NIQ report released on Wednesday.
Partake Brewing Promotes Evan Cohen to President; Founder Ted Fleming to Remain as COO
Partake Brewing has promoted chief commercial officer Evan Cohen as president to lead the Toronto-headquartered non-alcoholic beer (NA) maker through its next growth phase.
Boston Beer Focused on Maintaining Twisted Tea Growth, Stabilizing Truly
Boston Beer’s shipments declined again in Q2 – down -4.5%, to 2.3 million barrels. However, the company is still confident in its projections and its “strategic priorities remained unchanged,” founder Jim Koch said Thursday during the company’s call with investors.