Brewers Association CEO Bob Pease to Retire, Search Firm Retained to Lead Process
Brewers Association (BA) president and CEO Bob Pease will retire next year after more than three decades with the trade association, the organization announced today.
Brewers Association (BA) president and CEO Bob Pease will retire next year after more than three decades with the trade association, the organization announced today.
Fast-rising non-alcoholic beer maker Athletic Brewing Company has closed a $50 million “equity financing round” led by private equity firm General Atlantic, with several key investors from previous fundraising rounds also participating.
In-store displays “are more effective at selling beer” compared to “shrinking” shelf space, Kaumil Gajrawala, analyst for financial services firm Jefferies, wrote in a late June analysis.
Flavor-forward innovations are driving beer category growth and this trend is accelerating, according to the most recent report from Bump Williams Consulting (BWC). Of the top 25 growth brands at total U.S. off-premise outlets year-to-date (YTD) through June 15, 13 were “flavor-centric” or ready-to-drink (RTD) offerings, BWC founder Bump Williams noted, citing data from market research firm NIQ.
There were many ways entertainment venues aimed to keep the lights on during the pandemic— for a Hamptons bar that regularly hosted musical acts, creating a ready-to-drink (RTD) cocktail was one solution.
Beer is starting to reap the benefits of the summer selling season, according to the latest monthly beer report from market research firm Circana.
More than 4.043 million barrels of beer were imported into the U.S. in May, marking the first time more than 4 million barrels were imported in a single month, according to Beer Institute (BI) chief economist Andrew Heritage, citing the latest report from the Department of Commerce.
Constellation Brands’ share price declines Wednesday seemed not to shake company leadership, who expressed optimism about continued growth during the company’s Q1 FY 2025 earnings call with investors and analysts.
Constellation Brands reported a strong first quarter of its 2025 fiscal year, with $2.662 billion in reported net sales, a +6% increase compared to the same quarter last year, according to its Q1 earnings report.
One-in-three consumers plan to celebrate Fourth of July weekend at bars, restaurants, and other on-premise venues, according to NIQ-owned on-premise data firm CGA.
Popular and controversial social media platform TikTok recently opened advertising on its platform to beverage-alcohol brands in the United States, due in part to its user base aging up.
Molson Coors-owned Leinenkugel’s is making its flagship Summer Shandy a year-round offering. Leinenkugel’s president Tony Bugher and John Leinenkugel discuss why the move represents the company getting out of its own way, how big the brand is for its business and how they plan to support the brand in the colder months.
New Belgium will take over production of Kirin Ichiban and Kirin Light in the U.S. when the Japanese lager brand’s contract brewing agreement with Anheuser-Busch InBev (A-B) expires later this year, New Belgium announced today. New Belgium is a subsidiary of Kirin-owned, Australian-based Lion.
Beer buyers believe the category will still be king for this year’s July 4 holiday, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).