Constellation Brands continues to be the golden child for distributors with the growth of its Mexican imports, Goldman Sachs analyst Bonnie Herzog reported in her Q3 “Beverage Bytes” survey.
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
Off-premise dollar sales of ready-to-drink canned cocktails (RTDs) and hard seltzers have more than doubled in the past three years, increasing +155% since 2019 (through January 8, 2022), according to NielsenIQ data, shared by the Beer Institute’s (BI) VP of research Danelle Kosmal during a webinar Thursday.
Molson Coors is making its first significant move into the Mexican import category. The company today announced that it had inked a 10-year agreement, via its MillerCoors U.S. division, to import, market and distribute Heineken’s Mexican-made Sol brand.
Eight Craft Import beers have made their debut on the West Coast courtesy of Raley’s Family of Fine Stores and importer/distributor California Beverage Co. Unique and previously unavailable brews from Munkebo Mikrobryg (Denmark), Himburgs Braukunst (Germany), and Tuatara (New Zealand), have hit the shelves at all 103 Raley’s Supermarkets including Raley’s, Bel Air and Nob Hill foods across Northern California.
