Craft beer industry news.
The end-of-summer blues are hitting the beer category. The National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index (BPI) for August posted a reading of 40, which indicates wholesalers are ordering less beer as summer comes to a close.
In the latest edition of the Brewbound Insider exclusive A Round With Q&A, DESTIHL founder and CEO Matt Potts shares the opportunities these partnerships create, what he’s learned from these deals and how growth can also lead to challenges.
Earnings calls from Brown-Forman and Pernod Ricard echoed other spirit companies struggling to regain their footing in the U.S. as the inventory build-up continues. Meanwhile, Pernod Ricard announced separately it is further bolstering its non-alc portfolio.
Sazerac-owned BuzzBallz has selected the Reyes Beverage Group as its distributor in California, Illinois, Indiana and South Carolina, the multistate wholesaler announced today.
Beer is expected to be the most popular alcoholic beverage at Labor Day weekend celebrations, as 76% of shoppers said they plan to purchase it, according to consumer research firm Numerator.
What legal issues should be on brewers’ radar? Nichole Shustack and Isabelle Cunningham from the bev-alcohol practice team at law firm Nutter, McClennen and Fish join the Brewbound Podcast to share what to watch out for this year and beyond.
More than one-third (38%) of consumers plan to visit on-premise establishments for Labor Day (September 2), according to CGA, the on-premise arm of market research firm NIQ.
Ready-to-drink (RTD) products surpassed $13 billion in off-premise sales in the 52-week period ending July 13, up +4% year-over-year (YoY), according to a mid-year report from market research firm NIQ.
Left Hand Brewing co-founder Eric Wallace has assessed today’s challenging landscape for craft brewers and believes his Longmont, Colorado-based company may have a solution.
Sapporo-Stone workers in Virginia have begun a union drive, VinePair’s Dave Infante reported Monday. Workers are seeking “higher pay, more consistent scheduling and better working conditions,” per the report.
While brewery menus are littered with near beer options and non-alcoholic spirits are making their way onto bar menus as the fastest growing category in the zero-proof set, wine remains one of the most difficult bev-alc formats to bridge the gap between fully dry consumers and the sober-curious drinkers driving category growth.
Well celebrity booze brands, you’ve had a good run … but now it’s Bey’s turn. Yes, add noted whisky enthusiast Beyonce Knowles-Carter (she insists I use her full name when we talk on the phone, but she calls me GIF Guy) to the list of Hollywood A-list liquor entrepreneurs.
Beer declines continued in the last four weeks, with even previous high-performing segments such as imports feeling late summer pains in recent scans from market research firm Circana (data ending August 11).
San Francisco-based Magnolia Brewing is changing hands once again. Kirin-owned Lion Little World Beverages acquired the brewery as part of the 2019 acquisition of New Belgium Brewing.
