Heineken USA Appoints Alison Payne as CMO
Alison Payne will take over as Heineken USA’s (HUSA) chief marketing officer, effective January 2025.
INSIDER’S Week in Beer: 🙌 Higher ABVs = Higher Sales
Here at the end of election week … it’s much better when it’s beer that is seeing its extremes are widening. BWC broke out the growing divide in ABV preferences in the U.S. since 2022, for sales through Oct. 20 via NIQ data:
Monster Q3 Earnings: Alcohol Brands ‘Restructured Under New Management’
Monster Beverage Company reported that it has “restructured” the senior management of its alcohol brands division, following the appointment of Ray LaRue as president, the company shared within its Q3 2024 financial results. Nevertheless, the company said it remains “positive for the prospects of alcohol products within our broader portfolio.”
Lord Hobo Merges with Lone Pine Brewing; Eyes Craft Platform Where Brands Can ‘Thrive’
Lord Hobo Brewing and Lone Pine Brewing announced plans to merge today, bringing together a pair of New England craft breweries under a single ownership structure. The companies declined to share financial terms of the transaction, which is expected to close in Q4, pending regulatory approval.
Molson Coors Takes Majority Stake in ZOA Energy
Molson Coors has acquired a majority stake in energy drink brand ZOA in a $53 million cash transaction, expanding its growing non-alcoholic beyond beer portfolio and adding to rising M&A interest across the energy space.
Beer Institute: Total Beer Supply Declines Accelerate; Imports Flat After 5 Months of Growth
The U.S.’s total beer supply declined -6.7% year-over-year (YoY) in September, as built-up summer inventories (domestic production plus imports) fell back in line with depletion trends, according to Beer Institute (BI) chief economist Andrew Heritage.
Brewbound Podcast: Highland Brewing’s Leah Wong Ashburn on Asheville’s Recovery in the Aftermath of Hurricane Helene
Highland Brewing owner and CEO Leah Wong Ashburn provides an update on how Asheville, one of the country’s great craft beer cities, is recovering in the aftermath of Hurricane Helene.
Molson Coors to Cease Operations at Tenth Street and Leinenkugel’s Chippewa Falls Breweries, Shift Production to Milwaukee
Molson Coors will cease operations at the Leinenkugel’s Chippewa Falls brewery and the company’s Tenth Street Brewery in Milwaukee, effective January 17.
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Brewbound Live 2024: Dogfish Head’s Sam Calagione on the Importance of Making Craft Vibrant
Dogfish Head co-founder Sam Calagione will take part in a fireside chat at the 2024 Brewbound Live business conference this December in Marina del Rey, California.
Iowa’s Backpocket Brewing Acquires Peace Tree Brewing Brand
Coralville, Iowa-based Backpocket Brewing has acquired the Peace Tree Brewing brand and recipes. Peace Tree was founded by Megan McKay 15 years ago in Knoxville, Iowa, making it Iowa’s first 100% woman-owned brewery. McKay had sought a buyer for the brewery since last year, and the company ceased operations this summer.
Beer Institute Packaging Report: Cans Reclaim Share at Bottles’ Expense; Draft Nearing Pre-Pandemic Level
Metal cans have regained the share of beer volume they lost in the prior year, according to the Beer Institute’s (BI) new packaging mix report. Cans accounted for 64.1% of beer volume in 2023, marking a return to the same share they held in 2021 after a slight dip to 62.9% in 2022.
ForceBrands Alcohol Salary Report
Download the Alcohol Salary Report Here. ForceBrands, the preferred strategic talent partner for consumer brands, has released its 2025 Consumer Brands Salary & Market Trends Reports. These reports offer strategic tools to build your workforce and guide your career. Inside, you’ll find insights to guide pivotal hiring, retention, and career development decisions. In today’s changing… Read more »
Allagash Expanding Distribution to Minnesota
Allagash Brewing is heading to the Land of 10,000 Lakes. The Portland, Maine-headquartered craft brewery will enter Minnesota this month with Clear River Beverage Company, it announced in a press release.
Beer Institute Hires Caitlin Harder as Director of Public Affairs
The Beer Institute (BI) has named Caitlin Harder its new director of public affairs.