Molson Coors has struck a deal to acquire spirits-based, ready-to-drink (RTD) cocktail pioneer Atomic Brands, whose Monaco Cocktails entered the then-nascent space in 2012. The deal should come as no surprise, as it aligns with Molson Coors’ goals to expand its beyond beer portfolio, part of the Horizon 2030 plan CEO Rahul Goyal outlined earlier this year.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
This month’s distribution moves see Carbliss push into two major new markets, Mark Anthony’s Canadian ready-to-drink (RTD) tequila cocktail expand in the U.S., and ShakeUp transitions to a beer house.
Just ten vendors account for about 97% of hard tea ready-to-drink (RTD) dollars, according to a new analysis from Bump Williams Consulting (BWC).
Suntory’s On The Rocks is expanding its margarita lineup as the RTD style continues to outpace other trends.
In the latest RTD news, SunnyD brings back “purple stuff,” Chandon takes a six-year swing at reinventing the spritz and espresso martinis go decaf.
With recent warmer weather comes an uptick in bev-alc dollar sales, which flipped to positive (+0.5%) in the two-week period ending April 4 – a sequential improvement from -0.8% in the four-week window and -1.2% in the 12-weeks, according to the latest analysis of NIQ data from Goldman Sachs Equity Research.
Mark Anthony Brands announced it has struck a deal to acquire the Finnish Long Drink, the popular gin-based, ready-to-drink (RTD) canned cocktail. The company expects the transaction to close in the coming weeks.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.
PepsiCo’s Blue Cloud is leaning into a new model: developing crossover alcohol brands and licensing them to producers such as Boston Beer and FIFCO USA with Lipton Hard Iced Tea.
Wisconsin’s Eagle Park Brewing & Distilling has acquired SoulBoxer Cocktail Co., setting the stage for Eagle Park’s further expansion into canned cocktails spanning alcoholic, non-alcoholic and THC-infused formats.
Diageo’s new CEO Dave Lewis is reframing ready-to-drink offerings as an opportunity for the spirits giant, but after years of focus on the top end of the shelf, the group has ground to make up.
In time for Opening Day and to mark the brewery’s 30th anniversary, Stone Brewing (Escondido, California) has unveiled a new branded bar next to Section 309 at Petco Park, home of MLB’s San Diego Padres.
More than two years after Blake’s Hard Cider, Austin Eastciders and Avid Cider Co. merged under the Blake’s Beverage Co. banner, the companies have found a rhythm that helped make Blake’s the “fastest growing” independent cidery in the U.S.
Carbliss, the ready-to-drink (RTD) vodka-based cocktail that has become one of the breakout independents in its category, is rolling out a malt-based tallboy across seven Midwestern states.
The founders of Mission Craft Cocktails, the Southern California brand built on bar-strength bottled cocktails made with premium ingredients, see their company as a David in a segment of Goliaths. In their sling: a bet on economies of scale, format innovation and a purpose-driven brand.
