Welcome to Brewboundâs Inside Look at the Beer Business for the week that was Saturday, May 18, 2024. Well, it seems the East Coast/West Coast rap battles of the â90s & 2000s have turned into ⌠uh, gin battles here in the mid-2020s.
Married duo Camillia and Dave Bailey fell in love with tepache, a beverage made from fermented pineapple, while traveling in Mexico City in 2018. Fast forward to 2022, and the pair launched Crooked Owl Hard Tepache, a 5% ABV version of the beloved beverage that is ânaturally probiotic,â shelf stable, gluten free and 100 calories per can.
Jay-Zâs Marcy Venture Partners is the latest group to invest in ready-to-drink brand The Finnish Long Drink, the company announced today.
Light lager brand Montucky Cold Snacks is âa big anchorâ within Galloâs total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
3 Tier Beverages’ Donn Bichsel Jr. and Mary Mills share why data with the top 15 brewers removed can reveal true market opportunities. Then, New Belgium Brewing’s Kelly McKnight explains the Voodoo Ranger makerâs new product strategy.
Florida-headquartered Sunkey Beverage Holdings has reached an agreement to acquire Texas-based Silver Eagle Beverages, an independent Anheuser-Busch InBev (A-B) wholesaler.
Gallo is getting into the beer business via a strategic investment in Montucky Cold Snacks. The wine and spirits conglomerate that found success in recent years with spirit-based seltzer brand High Noon Sun Sips announced a partnership with the founders of the light lager brand.
Boston Beer Company emerged with a âbuyâ rating following the results of financial services firm Jefferiesâ 11th bi-annual beer distributor survey. Jefferies equity analyst Kaumil Gajrawala cited Twisted Teaâs dominance of the flavored malt beverage (FMB) segment, and the âstabilizationâ of Truly Hard Seltzer trends leading to less volatility, among the reasons for the improved rating.
Boston Beer Company founder and board chairman Jim Koch was brutally honest about some of the companyâs past failings in a fireside chat with Goldman Sachs analyst Bonnie Herzog today during the investment firmâs Global Staples Forum.
Hella Cocktail Co., known for its bitters and mixers, is making a foray into bev-alc with a ready-to-drink (RTD) line debuting this week, Hella Margaritas.
Vintage Wine Estates (VWE) has concluded another round of layoffs, the fourth time the company has done so in the past 14 months.
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.
Harley-Davidson is rolling into the non-alcoholic (NA) beer segment via a licensing deal with Wisconsin Brewing Company. Road King American Pils is rolling out now throughout the Badger State in 16 oz. can 4-packs.
If Tip Top Proper Cocktails had the resources, it wouldâve released 11 new styles of canned cocktails this year. While they settled for about half that amount, the team still argues that constant innovation is what makes their brand the most in touch with cocktail cultureâand helps a small company like theirs carve out a distinct position in a saturated category.
