Just like the Kansas City Chiefs, draft beer also took an L in Super Bowl LIX. Draft beer volume declined -4.6% nationwide on Super Bowl Sunday, according to on-premise insights firm BeerBoard.
Constellation Brands and Molson Coors are expected to annex more shelf and cooler space in convenience stores following the upcoming spring 2024 resets, according to Goldman Sachs Equity Research’s recent Beverage Bytes survey.
Constellation Brands and Coors Distributing Company (CDC) must head to arbitration, according to a judge’s ruling issued this week. District Court Judge Adam J. Espinosa granted a preliminary injunction, as requested by Molson Coors-owned CDC, and ordered that Constellation Brand’s announced exit from CDC’s portfolio cannot proceed until arbitration between the two companies takes place.
In an ever-connected world, reaching consumers is easier than ever before, but the difficulty of meaningfully connecting with them has grown exponentially.
Arguments in Colorado’s distributor termination dispute between Coors Distributing Company (CDC) and Constellation Brands began playing out earlier this week in the district court for the city and county of Denver.
In the wake of Martignetti’s acquisition of Girardi in Western Massachusetts, Atlas Distributing has added the Constellation Brands portfolio in Berkshire and Franklin counties, the Auburn, Massachusetts-based, independent blue-and-gold network distributor shared.
Flavor has permeated all aspects of beverage-alcohol, and conventional wisdom holds that it is most concentrated in the ready-to-drink (RTD) space, rather than traditional iterations of beer, wine and spirits.
Constellation Brands is charging into the back half of its 2027 fiscal year (FY27) with renewed positivity, as well as a new surging brand in its portfolio.
Constellation Brands’ beer division recorded accelerating shipments gains in the second quarter of its 2027 fiscal year, the company reported Tuesday afternoon. Shipments (sales to wholesalers) increased 5.5% year-over-year (YoY) during the quarter, which ended August 31.
Constellation Brands has acquired SpikedAde, the second-largest ready-to-drink (RTD) vodka + ade/hard sports drink brand, the company announced in its Q2 earnings report.
As it foreshadowed last week, Molson Coors-owned Coors Distributing Company (CDC) has filed a pair of lawsuits to halt terminations from two of its largest suppliers.
Constellation Brands’ portfolio of popular Mexican imports will soon have different representation in the Denver area. The bev-alc giant informed Denver, Colorado-based Coors Distributing Company (CDC), a wholly owned subsidiary of Molson Coors, that it would be terminating their relationship in the next 30 days.
Check out news items initially reported in the Brewbound Insider Newsletter August 20-21, including headlines from the Brewers Association, Constellation Brands, Sierra Nevada and more.
The largest beer companies in the U.S. continue to shift their attention toward their growing spirits-based offerings. And it’s tough to blame them, given beer’s performance so far this year.