Bump Williams: New-to-World Brands at Forefront of Spirits RTD Growth; Sales Trends Slow By More Than Half
Spirits-based ready-to-drink (RTD) products will face a challenge to maintain double-digit growth rates in 2025, including a decluttering of items at retail in order for the segment to remain healthy, according to Bump Williams Consulting’s (BWC) monthly report.
Jim Koch: On-Premise ‘Somewhat Neglected;’ Boston Beer’s Innovation ‘Sweet Spot;’ Truly Harder to Stabilize Than Anticipated
Boston Beer Company founder Jim Koch tackled several industry issues during a fireside chat at the Barclays Global Consumer Conference last week. Koch hit on issues from beer growth and headwinds to opportunities in the on-premise channel and early returns on the company’s new premium vodka-based hard tea brand Sun Cruiser.
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.
Firestone Walker to Focus on Core Brands for 2025 Growth; Addresses Flavor Demand with Beer-Forward Innovation
Duvel Moortgat-owned Firestone Walker is staying in the beer category in 2025, and believes beer can still speak to consumer needs – even the consumers who “don’t know they like beer yet.”
Russian River’s Natalie Cilurzo to Give Keynote Address at 2024 Brewbound Live Biz Conference
Russian River Brewing co-owner Natalie Cilurzo will share how the Sonoma County craft brewery created an annual event celebrating its Pliny the Younger triple IPA release in her opening keynote address to the 2024 Brewbound Live business conference on December 11.
Anderson Valley Brewing Company Listed for Sale at $7.9 Million
Anderson Valley Brewing Company (AVBC) could change hands again for the second time in nearly five years, according to a BizQuest listing that offers the Boonville, California-based craft brewery for sale.
CA Closing Door On Hemp-Derived THC Products
Citing concerns over public health, California Gov. Gavin Newsom proposed heavy restrictions Friday on “intoxicating hemp products.” Through an emergency regulation, Newsom proposed removing food and beverage products containing hemp extract from stores within the Golden State.
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.
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🤝 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.
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.