Flaviar Acquires Speakeasy Co., Boosting B2B Business
Bev-Alc marketplace Flaviar has acquired industry fulfillment service provider, Speakeasy Co., bolstering its B2B capabilities as it aims to become a multi-billion-dollar global bev-alc e-commerce player. Terms of the cash and stock deal were not disclosed.
IWSR: Millennials Lead Non-Alcoholic Adult Beverage Sales, Account for 61% of NA Beer Drinkers
Millennials are driving the rise of non-alcoholic (NA) adult beverages in the U.S., data firm IWSR reported.
🤝 INSIDER’S Week in Beer: A Real Unity Ticket
While I usually resist Justin’s notes to me to please work more politics into this newsletter, in this case – I think it’s merited. Ladies and gentlemen, I have excellent news: The Beer Party is gaining momentum.
Craft ‘Ohana Shifting Modern Times Production to AleSmith; 57 Jobs to be Cut
Production of Modern Times Beer will shift to AleSmith Brewing in San Diego as part of a new contract brewing relationship with Craft ‘Ohana, the portfolio company that includes Maui Brewing, Modern Times and Kupu Spirits.
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A Round With … Samuel Adams’ Megan Parisi
Beverage options abound in downtown Boston: properly poured Guinness at an Irish pub, wine at an Italian restaurant in the North End, a large iced regular at one of several (several!) Dunkin’ locations. But there’s only one place you can find a pint of pineapple basil ale, and that’s Boston Beer’s Samuel Adams Boston Taproom, where head brewer Megan Parisi is brewing all sorts of interesting beers for tourists and locals alike.
Molson Coors Walks Away from DEI Policies
Molson Coors has joined the growing list of large consumer-facing companies to disavow their diversity, equity and inclusion (DEI) policies, according to Bloomberg.
Tilray Brands Cuts Jobs Within Beverage Division
Tilray Brands has restructured its workforce and cut “a limited number of employees across various departments,” the company confirmed to Brewbound.
Foxtrot Prepares For Its Second Act
Five months removed from its abrupt closure, next-gen convenience chain Foxtrot Market is preparing to reopen its doors tomorrow.
Beer Institute: July Tax Paids -2.5% as Industry Finds ‘A New Baseline;’ Imports Set New Monthly Record
U.S. brewers shipped an estimated 12.8 million barrels of beer in July, a -2.5% decline year-over-year (YoY), and a loss of 458,000 barrels compared to July 2023, according to the Beer Institute (BI).
Brewbound Podcast: When to Refresh, Rebrand or Stand Pat with CODO Design’s Isaac Arthur
When should you refresh your packaging? Or do a total rebrand? Or should you just stand pat? CODO Design’s Isaac Arthur explains the choose-your-own-adventure decision tree beverage-alcohol companies should consider when tweaking the look of their products or the feel of their brand.
3 Up, 3 Down: Non-Alc Beer Outpaces Total Bev-Alc, Diverging Trends in Beyond Beer and Spirits
In this latest installment of 3 Up, 3 Down, 3 Tier consultant Danelle Kosmal shares a trio of insights on industry growth and three underperforming areas during the summer selling season, with NIQ off-premise data through August 10, 2024.
Constellation Leadership Confident in Maintaining Status as No. 1 Beer Share Gainer, Boosted by ‘General Population’
Constellation Brands may have lowered its fiscal year 2025 (FY25) guidance earlier today, but the company has not lost confidence in the continued growth of its beer brands.
Constellation Brands Revises Guidance, Will Take Impairment on Wine & Spirits Biz
Constellation Brands has revised its 2025 fiscal outlook amid ongoing struggles in its wine and spirits business and consumer headwinds. The company revised its wine and spirits net sales projections for its wine and spirits business from between -0.5% and +0.5%, to between -6% and -4%. The importer of Mexican brands Corona, Modelo, Pacifico and Victoria also ticked down its beer projections from between +7% and +9%, to between +6% and +8%.
How Gin & Juice Aims to Leverage Snoop and Dr. Dre For A Gin Revival
Ready-to-drink products have built their brands around different cocktails: Some are sessionable seltzers or old classics, others are obscure cocktails that haven’t yet hit mainstream. But Gin & Juice By Dre and Snoop, so far, is the only one that has emerged from a ’90s rap anthem.