The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Anheuser-Busch InBev (A-B) recorded double-digit shipments and depletions declines for its U.S. business in 2023, drawing to a close a tumultuous year for the company, A-B reported today.
Constellation Brands and Molson Coors are expected to annex more shelf and cooler space in convenience stores following the upcoming spring 2024 resets, according to Goldman Sachs Equity Research’s recent Beverage Bytes survey.
Anheuser-Busch InBev has pulled from within its ranks for its next North American Zone and U.S. CEO, naming Brendan Whitworth to the post today.
Sierra Nevada has filed a counter lawsuit against Matagrano, Inc., the Chico-headquartered craft brewery’s former South San Francisco-based wholesaler, in the Superior Court of the state of California, County of San Mateo. The trademark lawsuit between Constellation Brands and Anheuser-Busch InBev’s Grupo Modelo over the former’s ability to produce and sell Corona Hard Seltzer will continue, despite Constellation’s motion to dismiss, a federal judge ruled this week.
Anheuser-Busch (A-B) announced a national campaign with the White House today, incentivizing adults to get vaccinated by offering free beer.
Anheuser-Busch’s (A-B) entire domestic beer and seltzer portfolio — including Bud Light, Michelob Ultra, and Brewers Collective craft brands — is now brewed with 100% renewable electricity from wind and solar power, the world’s largest beer manufacturer announced today.
Breweries that fall outside of the Brewers Association’s (BA) craft brewer definition collectively declined 5%, to 8.2 million barrels in 2020, according to data in the May/June issue of the New Brewer.
Four days after announcing a succession plan for its top leadership post, Anheuser-Busch InBev revealed several executive leadership changes with its wholesaler partners, effective immediately.
Anheuser-Busch InBev’s first quarter earnings call today was overshadowed by an earlier announcement that CEO Carlos Brito will step down this summer after 16 years of leading the world’s largest beer manufacturer. “When I joined Brahma in 1989, I never imagined the journey our company and I would embark on over the next three decades,”… Read more »
Anheuser-Busch InBev CEO Carlos Brito will step down after 15 years at the helm of the world’s largest beer manufacturer, effective July 1, and North America zone president Michel Doukeris will supplant him, the company announced today.
Steve Crandall, the co-founder of Devils Backbone Brewing Company, has died at the age of 64, nearly three years after being diagnosed with cancer.
Suzie’s Brewery, maker of Suzie’s Organic Hard Seltzer, and Anheuser-Busch InBev agreed earlier this week to settle the Oregon company’s lawsuit against the world’s largest beer manufacturer for allegedly engaging in deceptive advertising practices for its Michelob Ultra Organic Seltzer brand.
Anheuser-Busch InBev has forged a master distributor agreement with Canteen Spirits, while its growth and innovation arm ZX Ventures has made an investment in the 2-year-old ready-to-drink canned cocktail brand.
Anheuser-Busch InBev’s global investment and innovation group ZX Ventures has announced a research-and-development partnership with animal-free protein maker Clara Foods.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) has accepted an $850,000 offer in compromise from Chicago-based Lakeshore Beverage’s RN Acquisition LLC and City Beverage – Markham LLC for alleged trade practice violations from 2014 through the present.
Anheuser-Busch touted the successful first-week performance of its hard seltzer collaboration with rap star Travis Scott, Cacti Agave Spiked Seltzer, which sold out in many brick-and-mortar stores within 24 hours and online within 12 hours.
