Constellation Focused on On-Premise, Core Brands; Beer Division President Acknowledges Innovation that ‘Did Not Sell’
Constellation EVP and beer division president Jim Sabia shed light on the company’s 2025 strategies last week during Beer Marketer’s Insights’ annual fall seminar in New York City. Here are some of the highlights from the conversation.
Trump Promises 25% Tariff on Mexico and Canada
President-elect Donald Trump promised to impose 25% tariffs on all imported goods from Mexico and Canada and an additional 10% tariff on products from China beginning January 20, his first day in office.
Brewbound Live 2024: Why Intoxicating Hemp is the Fifth Category
Intoxicating hemp beverages have become a hot topic among suppliers, wholesalers and retailers in search of the next big thing. The 2024 Brewbound Live business conference will bring together leaders and early movers in the burgeoning but volatile space, which some believe is poised to become its own category.
How Sazerac Manages 500 Brands Across Beer, Wine and Spirits
Spirits giant Sazerac manages approximately 500 brands across beer, wine and spirits, yet president and CEO Jake Wenz insists the company is still “focused.”
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Sapporo-Stone to Discontinue Exporting Stone Beers in 2025
Sapporo-Stone Brewing will cease the exporting of Stone beers in January 2025, a spokesperson for the company confirmed. Stone exports its products to 50 countries via a network of international distributors, according to its website.
INSIDER’S Week in Beer: 📊 Buy a Round for the Marketing Team
Well, we tried, Massachusetts … but apparently you just can’t be trusted with $2 off a MILLER LITE before 6 p.m., as the state has removed happy hour legislation from a $4B economic development package set for a final vote soon. Liability and insurance factors were cited, which, having seen Boston St. Patrick’s Day footage over the years … I’m not gonna argue with.
Mate Maker to Launch Spirits-Based RTDs; Announce New Advisory Board and Crowdfunding Campaign
After 18 months of learning about the U.S. bev-alc market, California-based hard kombucha brand Mate Maker is ready to expand its portfolio and its distribution, and wants consumers to come along for the ride.
Start to Exit In Three Years: A Drink With … 21Seeds Co-Founder Kat Hantas
21Seeds co-founder Kat Hantas discusses how going after moms was a key to success, why they took an unusual route-to-market for tequila, and what brands should be prepared for if they’re acquired. Answers have been edited for clarity and length.
Brewers Association Announces Restructuring, Job Cuts
The Brewers Association (BA) has restructured its leadership team and eliminated six positions, the trade organization representing small and independent craft breweries announced Thursday afternoon.
Dennis Peek to Depart Lagunitas; Heineken Vet Appointed New CEO
Dennis Peek, the CEO of Heineken-owned Lagunitas Brewing Company, will end his term leading the craft brewery at the end of 2024, the company announced Thursday. Peek ascended to the top job at the Petaluma, California-headquartered brewery in February 2020, just weeks before the COVID-19 pandemic forced the closure of the on-premise channel and upended the craft beer industry.
Brewbound Live 2024 Full Agenda Now Available: 30+ Speakers from Deschutes, BeatBox, Dogfish Head, Whole Foods, NIQ and More
The full agenda for the 2024 Brewbound Live business conference is now available, featuring more than 30 speakers from beverage-alcohol suppliers, wholesalers, retailers, data providers and advisory firms.
💀 New Belgium CEO: Adapt or Die
More than three decades after launching with amber ales, Kirin-owned New Belgium Brewing’s and Bell’s Brewery’s portfolios look a little different, in very intentional moves to stay relevant with the rapidly changing bev-alc market, according to CEO Shaun Belongie.
3 Up, 3 Down: What’s Really Driving Craft Light Beer Growth
In the final installment of 2024, 3 Tier consultant Danelle Kosmal shares a trio of insights on industry growth, with NIQ off-premise data through November 2. Hot topics include Halloween spending, craft light beer and seasonals, spirits-based ready-to-drink cocktails (RTDs) and more.
New Belgium to Sell Upper Hand
Upper Hand Brewery, opened by Bell’s Brewery founder Larry Bell in 2014, is about to change hands. Kirin-owned New Belgium acquired Escanaba, Michigan-based Upper Hand when it merged with Bell’s in 2021.