Beer Industry News, Insights, Jobs, & Events

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Hiyo Closes $20.8M Series B as Distribution Footprint Surges

Non-alcoholic social tonic maker Hiyo has closed an oversubscribed $20.8 million Series B round as it looks to build on its rapidly expanding retail footprint and push deeper into live entertainment and nightlife.

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Can Craft Take A Page From Imports’ Playbook? Bump Williams Says Yes

Craft’s off-premise declines accelerated last month as summer came to a close. As beer enters its slow season, those losses aren’t expected to improve much, but that could change if craft leans into the seasonal anomalies of imports, according to a new report from Bump Williams Consulting (BWC).