Anyone looking for an answer to when craft’s current era of compounding hurdles and declines will come to an end received a reality check Wednesday during Brewers Association (BA) president and CEO Bart Watson’s state of the industry address, held at the start of Day 2 of the Craft Brewers Conference (CBC) in Indianapolis.
Around 10,000 industry members are expected to make the trip to Indianapolis for the 2025 Craft Brewers Conference and BrewExpo America (April 28 to May 1). The gathering takes place against a backdrop of growing headwinds for craft breweries and an overhaul of CBC’s host organization, the Brewers Association.
Craft’s rolling four-week losses improved to start 2025, according to the most recent report from market research firm Circana. The segment’s off-premise dollar sales declined -3.1% and volume, measured in case sales, declined -4.6% in the four-week period ending January 26 (L4W) at multi-outlet grocery, mass retail and convenience stores (MULO+C). That marked an improvement over the prior four-week period (through December 29, 2024), when craft dollars declined -5.1% and volume declined -6.5%.
Just over one-third of regional craft breweries (38.2%) beyond the top 50 recorded production volume increases in 2023, down from about 45% who grew in 2022, according to data from the Brewers Association (BA), published in the May/June issue of New Brewer Magazine.
Just over half of the Brewers Association’s (BA) top 50 craft breweries recorded production volume declines in 2023, according to data from the May/June issue of the trade group’s New Brewer Magazine.
Alaskan Brewing Company CEO Linda Thomas is stepping down from her role at the Juneau-headquartered craft brewery after three decades. Alaskan chief operations officer (COO) Max Rule will take over as CEO, effective June 1.
Next month, Saint Arnold Brewing Company, the oldest craft brewery in the state of Texas, will celebrate its 30th anniversary. It only took about half that time for it to become “an overnight success,” joked its founder Brock Wagner.
Last week, Sierra Nevada announced the promotion of VP of sales Ellie Preslar to chief commercial officer (CCO) of the California-based craft brewery. Brewbound caught up with Preslar …
In this latest installment of 3 Up, 3 Down, 3 Tier product team consultant Stephanie Roatis shares a trio of insights on industry growth and three underperforming areas ahead of the summer selling season, with NIQ data through April 20, 2024.
Boston Beer Company founder and board chairman Jim Koch was brutally honest about some of the company’s past failings in a fireside chat with Goldman Sachs analyst Bonnie Herzog today during the investment firm’s Global Staples Forum.
Sierra Nevada VP of sales Ellie Preslar has been promoted to chief commercial officer of the California-based craft brewery. Preslar fills the position left vacant by the retirement of Joe Whitney in October, after 17 years at Sierra Nevada.
Operating in a tourist-heavy city such as New Orleans can be a gold mine for hospitality businesses, but comes with its own challenges and hurdles, as COVID-19 taught business owners.. Urban South founder and CEO Jacob Landry shares what it’s like to run a brewery in the city in the latest edition of Brewbound’s Insider-exclusive Q&A series A Round With.
Russian River Brewing’s 20th annual Pliny the Younger release contributed $8.6 million in economic impact to the local economy in Sonoma County, according to the California-based brewery and the Sonoma County Economic Development Board (EDB).
Great Lakes Brewing Co. (GLBC) CEO Mark King has stepped down from the top position at the Cleveland, Ohio-based craft brewery, effective April 24, the company announced today.
Craft beer scans declined -3% in the four-week period ending April 21 in multi-outlet and convenience stores, tracked by market research firm Circana. Volume, measured in case sales, tumbled -4.7% in the period, the firm added.
Fresh off the announcement that he and his brothers and business partners have struck a deal to acquire Worcester, Massachusetts-based Wormtown Brewery, Jack’s Abby co-founder and CEO Sam Hendler discussed the deal in depth with Brewbound.