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With a leadership team all well under two years on the job, it would be logical to view 2025 as a rebuilding year for Heineken-owned Lagunitas Brewing. But the Petaluma, California-headquartered brewery took distributor and retailer feedback to heart in the past year-plus, which drove Lagunitas to develop a 2025 plan that’s consistent, focused and hinges on collaboration with its partners.
Ninety-five percent of bev-alc brand launches fail, according to Gustavo Aguirre, VP of brand innovation at investment firm InvestBev. Aguirre spoke during BevNET’s Spirits Sunday event in Marina del Rey, California. Aguirre was joined by GHJ advisory partner Maria Pearman and 5:30 Somewhere founder Dale LeFlam.
Pliny The Younger, the highly coveted Triple IPA from Russian River Brewing Company, will make its return to Colorado this February. Once again, Elite Brands of Colorado is proud to organize the 6th Annual “All Hopped Up For A Cure” fundraiser to coincide with the 2020 Pliny the Younger release.
Monday Night Brewing is poised to bring one of the first high-quality hard seltzers to the Southeast market, with the launch of Narwater Craft Hard Seltzer in late February. Narwater is distinct from its competitors because it is made with 100% real fruit.
Molson Coors Beverage Company reported nearly $10.6 billion in net sales for 2019, a decline of 1.8% compared to 2018. In a press release, Molson Coors Beverage Company president and CEO Gavin Hattersley called 2019 “a challenging year” for the company.
Seven years after establishing Trillium Brewing Company, co-founder JC Tetreault said the Canton, Massachusetts-based craft brewery was not living up to his intention for the business to “being a very good reflection of the broader community around us.” Enter the Urban Farming Institute of Boston (UFI), an organization dedicated to promoting farming in urban neighborhoods.
With the help of technology from Austin, Texas-based Earthly Labs, the Denver Beer Company is launching a program to share the excess carbon dioxide produced during fermentation with the Clinic, a cannabis company, to stimulate marijuana plant growth.
After crossing the 100,000-barrel threshold in 2018, Rhinegeist’s increased production 6% in 2019, to 106,000 barrels, sales director Matt Steinke shared with Brewbound.
After posting a 6% decline in volume in 2019, Durango, Colorado-based Ska Brewing has refreshed its packaging and launched a hard seltzer line, with plans to to release a low-calorie IPA and open a brewery and distillery in Boulder, in an effort to find new avenues to grow the business.
Scottish craft beer maker BrewDog’s U.S. operations posted strong growth in 2019. Production at the Scotland-headquartered craft brewery’s facility in Columbus, Ohio, increased nearly 46%, to 53,000 barrels, chief revenue officer Adam Lambert told Brewbound.
Coronado Brewing Company is poised for “planned strategic growth” in 2020, the company’s new CEO James Murray told Brewbound. According to Murray, the company’s projections for the year include 5% to 10% depletions (sales to retailers) growth. In 2019, Coronado sold 35,100 barrels, an 8.1% increase from the 32,471 barrels sold in 2018.
Pabst Brewing Company is launching a line of craft beers, as the craft segment has matured and sales of craft offerings have slowed to low single-digit growth. The Los Angeles-headquartered maker of Pabst Blue Ribbon announced today the launch of Captain Pabst, a standalone craft beer brand outside of the PBR family, and the launch of its flagship offering, Seabird IPA, in Wisconsin and Illinois.
Constellation Brands’ beer portfolio recorded another period of growth in shipments, depletions and net sales, the Victor, New York-headquartered beer, wine and spirits company announced today during its fiscal year 2020 third quarter earnings report.
Boston Beer Company has reformulated yet another of its top offerings. The company announced today the reformulation of its Samuel Adams Cold Snap spring seasonal release. The recipe tweak follows changes made last year to the formulas for Samuel Adams Summer Ale and every Truly Hard Seltzer flavor.
Employees at Anchor Brewing ratified a three-year contract with the International Longshore and Warehouse Union (ILWU), Local 6 earlier this month, a first for the San Francisco-based brewery. D.C. Brau raised $614,335 from 12 investors during a recent equity raise, according to a December 19 U.S. Securities and Exchange Commission filing. Columbus, Indiana-based 450 North Brewing Company has posted an apology on its social media accounts for selling its Slushy line of beers with the incorrect alcohol by volume.
Flavored malt beverages have delivered more dollar sale growth in the off-premise retail channel than any other segment in the beer category in 2019, according to market research firm IRI. Innovation leaders from Molson Coors, Deschutes Brewery and beer-driven on-premise chain Taco Mac discussed the shifting beer category during the Brewbound Live business conference.