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» » Major Brand NewsCity Brewing Co., the large La Crosse, Wisconsin-based company that mostly makes beer brands under contract has announced a “series of business updates” including a new investment group. The investor group includes Blue Ribbon Partners, makers of Pabst Blue Ribbon beer.
Read more...Sapporo Holdings Ltd is looking for a west coast production facility in the U.S. to increase efficiencies of production and shipping.
Read more...A massive hack of Molson Coors has caused a disruption to its overall business operation including production and shipments.
Read more...Grupo Modelo, a subsidiary of Anheuser-Busch InBev has filed a lawsuit against Constellation Brands claiming that Constellation’s use of Corona Seltzer has breached their deal on the use of the Corona brand name by applying it to a product other than beer.
Read more...The Dutch beer brewer Heineken N.V. has announced plans to cut 8,000 jobs as its sales around the world take a hit from the coronavirus pandemic.
Read more...Late to the game but expecting big growth in its hard seltzer brands, Anheuser-Busch InBev plans to invest over $1B in its U.S. manufacturing facilities over the next two years to meet expected demand.
Read more...For the first time in almost 40 years, there will not be a Budweiser ad during the Super Bowl.
Read more...Anheuser Busch-owned 10 Barrel Brewing announced that they will permanently close their San Diego brewpub location.
Read more...Mark Anthony Brewing, a subsidiary of Mark Anthony Brands, maker of White Claw Hard Seltzer, has announced plans to build a new state-of-the-art brewery and production facility in Columbia, South Carolina. The company’s $400 million investment will be one of the largest breweries built in the U.S. in over 25 years according to a company press release.
Read more...It wasn’t pretty, but it was better than expected for three global brewers who posted third quarter earnings last week.
Read more...Molson Coors Beverage Co. reported a decrease of 3.1% in the third quarter of fiscal 2020, driven by the continued on-premise restrictions from the Covid-19 pandemic.
Read more...Dutch brewer Heineken has been hit with a $2.58 million fine for forcing its pub tenants to stock “unreasonable levels” of its beers.
Read more...The trade group Campaign for Real Ale (CAMRA) said it was “increasingly concerned” that small businesses will lose out as a result of the Carlsberg acquisition of Marston’s Brewery, the British brewery, pub and hotel operator.
Read more...Pabst Blue Ribbon continues to explore and expand into alternative non-beer drinks, with its latest being a non-alcoholic cannabis drink that will be available in dispensaries and online.
Read more...Coca-Cola will partner with Molson Coors to launch its new line of Hard Seltzer, Topo Chico Hard Seltzer in the U.S.
Read more...The hard seltzer category was dominated by two brands during the first 24 months of its explosive growth. Others have jumped in as the growth shows no signs of slowing. Craft brewers have joined the partly as have all of the major-brand brewers. But you know its “a thing” when the non-alcoholic beverage behemoth Coca-Cola enters a category.
Read more...Molson Coors Beverage Company and D.G. Yuengling & Son Inc. have formed a joint venture to oversee and execute the westward expansion of Yuengling beer into states beyond its existing 22-state footprint and New England, the two companies said today.
Read more...Ron Knox, a senior researcher at the Institute for Local Self-Reliance, takes a deep dive in the beer industries three-tier system and how it favors the mega-large global brewers. A must read!
Read more...In a peek at how the global pandemic is impacting the worldwide beer market, Anheuser-Busch InBev disclosed their second quarter earnings yesterday. Global revenue declined by 17.7% in the second quarter compared to the same period last year with a decline of 12.0% year-to-date. Beer volume was down 17.0%. The worlds largest brewer showed signs of recovery, with April volumes down by 32.4%, May down by 21.4% and June down by 0.7%. Click here for a transcript of the investor call.
Read more...How popular is hard seltzer these days? Seems like no one in the beverage business wants to be left on the sidelines, including Coca-Cola, who has announced that they will launch a hard seltzer under the brand Topo Chico. The drink will initially be test-marketed in select cities in Latin America.
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