Press Clips: Ohio Distro Moves, Cost of Goods Price Hikes and Stone’s 29th Anniversary
Ohio distribution shakeups, breweries gets margin squeezed and Stone’s 29th anniversary.
Non-Alc Experience Bar Nuda Is Pivoting from Pop-Up to Product
Selling “more moderation” is as tricky as it sounds according to the founders of Bar Nuda, a Mexican-inspired drinks pop-up and Los Angeles’s first completely adult non-alc (ANA) experience.
CPI: Bev-Alc Away From Home Outpaced Inflation Again in August
If going out seemed expensive in July, dining and drinking budgets were likely stretched further in August. The consumer price index (CPI) for alcohol away from home (+3.8% year-over-year [YoY]) and food away from home (+3.9% YoY) far outpaced overall inflation (+2.9%) in August, according to the U.S. Bureau of Labor Statistics’ (BLS) most recent monthly report.
BrewDog USA’s Eric Franco on Gaining Greater Autonomy and Getting Focused
Less has been more with BrewDog’s U.S. business over the last year and a half. On the latest episode of the Brewbound Podcast, BrewDog USA chief sales and marketing officer Eric Teodoro Franco explains how the business has “done fewer things better,” leading with a focus on its core brands, which helped the brand increase volume 26% last year.
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Texas Gov. Signs Executive Order to Create Legal Hemp Framework
Texas governor Greg Abbott has signed an executive order mandating age restrictions on the sale of hemp-derived THC products, roughly three months after he vetoed a bill that would have outlawed the intoxicant entirely in the Lone Star State.
Taproom Closings: Antigua, Navigation, Simple Roots
Antigua Brewing Company has closed its sole location in San Luis Obispo, California, after four years in operation, the SLO Tribune reported. The shuttering has been characterized as an abrupt move.
Other Half’s Guide to Navigating the Modern Craft Industry: Hospitality, Intention & Connection
Other Half Brewing is used to large growth targets, posting double-digit volume growth nearly every year since its inception in 2014, according to data from the Brewers Association (BA).
Coca-Cola’s Red Tree Moves Fresca Mixed From Constellation Brands to Sazerac
Sazerac and Coca Cola’s bev-alc subsidiary are embarking on a new partnership.
Press Clips: Missouri’s Crane Brewing Closes; Iowa’s Big Grove Plans Kansas Location
Crane Brewing (Raytown, Missouri), has closed after 11 years. In its early days, the brewery built its name on the homebrew and beer fest circuit with namesake Michael Crane’s sour ales and magenta-hued beet beer.
Former Mark Anthony Exec to Lead Celsius Marketing
Celsius Holdings, which was tapped by PepsiCo last week to be the company’s “strategic energy lead,” has appointed seasoned marketing executive Rishi Daing as CMO, effective today.
Boston Beer Seeking Next $250M Brand Amid 4th Category Failures
Boston Beer Company is willing to fail fast with new fourth category products in order to find its next big brand, founder and CEO Jim Koch shared during last week’s Barclays’ Global Consumer Staples Conference.
Jefferies: Affordability is the ‘Biggest Headwind’ for Bev-Alc
Affordability is the biggest headwind facing the bev-alc industry, according to survey results released Monday from investment banking firm Jefferies.
Heineken USA Sales Leader Jim Sloan to Retire; Constellation Brands Vet Bill Renspie Named Successor
Longtime Heineken USA chief sales officer Jim Sloan will retire from the company next month after 20 years with the Dutch brewing giant.
Alcohol Consumption Study Spiked from Dietary Guidelines Process
The controversial study that drew the ire of beverage-alcohol industry trade groups will not be published, according to several media outlets.