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.
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.”
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.
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.
Millennials are driving the rise of non-alcoholic (NA) adult beverages in the U.S., data firm IWSR reported.
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.
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 has joined the growing list of large consumer-facing companies to disavow their diversity, equity and inclusion (DEI) policies, according to Bloomberg.
Tilray Brands has restructured its workforce and cut “a limited number of employees across various departments,” the company confirmed to Brewbound.
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).
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.
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 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 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%.
