CGA: Last 2 Weeks of December -6%; Trends Flat Through New Year’s
On-premise sales velocity declined -6% for the two-week period ending December 28 and was flat through the New Year’s holiday for the week ending January 4, according to the latest report from CGA, NIQ’s on-premise division.
Notes From D.C.’s Mindful Drinking Fest
The Mindful Drinking Fest returned to Washington, D.C. this past weekend, bringing together over 1,200 attendees and nearly 220 adult non-alcoholic products in a Dry January celebration that has grown 10 times since its first iteration three years ago and 40% since just last year. Brewbound’s sibling publication BevNET stopped in for the second year in a row and saw the energy and acceleration brought by the sober curious crowd firsthand.
Anheuser-Busch, 1st Phorm to Partner for Energy Drink Line
Anheuser-Busch is still gunning for a share of the energy drink segment, announcing today a new partnership with sports nutrition business 1st Phorm to launch a RTD energy line.
Leinenkugel Family Attempts to Buy Chippewa Falls Brewery From Molson Coors; Efforts Rebuffed So Far
Dick and Jake Leinenkugel have gone public with their efforts to buy back their family’s namesake brewery in Chippewa Falls, Wisconsin, from Molson Coors, which plans to cease operations at the facility on Friday, January 17, and lay off 56 workers.
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CPI: Beer At Home Outpaced Total Industry Every Month in 2024; Leads Away from Home for 8 Consecutive Months
The Consumer Price Index (CPI) for beer at home increased +2.5% year-over-year (YoY) in December 2024, before seasonal adjustment, increasing below total inflation, but outpacing the rest of the bev-alc industry, according to the U.S. Bureau of Labor Statistics (BLS).
Second Report on Alcohol Consumption and Health Draws Industry Trade Groups’ Ire
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
Mark Anthony Brands President Dishes on Simplified 2025 Portfolio, Spirits-Based RTD Learnings
Mark Anthony Brands is narrowing its focus in 2025, with a “dramatically” simplified portfolio, Mark Anthony Brands president David Barnett shared Monday during Day 2 of Beer Business Daily’s Beer, Wine and Spirits Summit in Palm Beach, Florida.
Circana: Craft Beer Sales -3%, Volume -4% in 2024; 8 Top 30 Craft Brands Post Growth
Off-premise dollar sales of craft beer declined -3.3%, to more than $4.6 billion, in 2024, according to multi-outlet grocery, mass retail and convenience store data shared by market research firm Circana.
Bump Williams Consulting: Flavor and Crossover Products Lead Growth Across Beer, Wine and Spirits in 2024
Bump Williams Consulting’s (BWC) theme for 2024: “Crossover canned flavor.” The firm analyzed the top 100 brand families across beer, wine and spirits based on year-to-date (YTD) dollar sales in NIQ off-premise scans (ending December 21), and identified the top performers in three categories: momentum, magnitude and innovation.
Spindrift Agrees Sale to PE Firm Gryphon Investors; Dave Burwick Named CEO
Spindrift Beverage Company has reached an agreement for San Francisco-based private investment group Gryphon Investors to acquire a majority stake in the sparkling water brand, and is tapping experienced CPG executive Dave Burwick as its new CEO.
The Legal Issues On Tap For Bev-Alc, Adult Non-Alc In 2025
From social media advertising to shipping regulations, here are some of the top legal issues for bev-alc and adult-non alc suppliers to pay attention to this year.
INSIDER’S Week in Beer: Real American Jeer 👎: Hulk Hogan Gets Booed
Welcome to the beer biz, TKO. Yes, on the day that the owner of the WWE (and UFC) announced that it became a minority investor in Real American Beer, the beer’s top spokesperson had a … less than favorable launch night appearance on NETFLIX WWE RAW.
Bill Newlands: Constellation Brands’ Soft Q3 Isn’t ‘Anything Structural’
After another soft quarter and with the potential of tariffs looming, bev-alc giant Constellation Brands revised its financial guidance downward in the release of its Q3 earnings on Friday.
Tilray to Eliminate 300+ Bev-Alc SKUs; Future Cuts Expected on ‘One in, One Out Basis’
Tilray Brands has started to eliminate SKUs from its bev-alc portfolio, and more cuts are expected, the company shared today with the release of its Q2 2025 earnings results.