News

Craft beer industry news.

Kelce Brothers Buy Into Garage Beer

Kelce Brothers Buy Into Garage Beer

Pro football stars Jason and Travis Kelce have acquired an ownership stake in light lager maker Garage Beer. The Kelces are referred to as “the largest investors” and “significant investors, partners, owners, and operators” in the business, in today’s announcement.

Pronghorn Makes First NA Investment in Mocktail Club

Pronghorn Makes First NA Investment in Mocktail Club

Mocktail Club, maker of a line of non-alcoholic canned cocktails, announced Monday it has received an investment from spirits industry capital and brand building firm Pronghorn, aimed at helping the Arlington, Va.-based business expand across the country.

📜 INSIDER’S Week in Beer: The Next Beer Trend: 3,000-Year-Old Sours

📜 INSIDER’S Week in Beer: The Next Beer Trend: 3,000-Year-Old Sours

So I think we’ve been looking in the wrong direction all of this time for #innovation – Utah’s Dylan McDonnell has the right idea. He brewed a beer using a recipe from a 3,000 year old Egyptian papyrus, which oddly enough also had “Next year will be the Year of the Craft Lager” written on it, and yeast cultured from a jar that dates back to the 9th century B.C.

Circana: Craft Dollars -5.5% in Last 4 Weeks; 23 of Top 30 Craft in Decline

Circana: Craft Dollars -5.5% in Last 4 Weeks; 23 of Top 30 Craft in Decline

Craft beer’s dollar sales declines continued to accelerate through late May, according to market research firm Circana. Craft dollar sales in Circana-tracked off-premise channels (multi-outlet plus convenience) declined -5.5% in the four-week period ending May 19, accelerating from -3% in the previous period (ending April 21).

Beer Institute: April Shipments Bounce Back from Steep March Declines

Beer Institute: April Shipments Bounce Back from Steep March Declines

April domestic tax paid shipments declined an estimated -4.3% year-over-year (YoY), to 12.3 million barrels, according to Beer Institute (BI) chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).