Beer Industry News, Insights, Jobs, & Events
Early August Read Suggests Consumer Sentiment Slipping, Financial Strain Increasing, per Circana
Consumers started to feel a bit more comfortable with their financial situations this summer, but that sentiment appears to be waning again, according to a new report from market research firm Circana.
Press Clips: BI Releases Bev-Alc Consumption Data to Counter Gallup; Constellation Appoints Supply Chain Chief and Pabst Turns to Jason Voorhees
Check out news items initially reported in the Brewbound Insider Newsletter August 24-26, including headlines from the Beer Institute, Constellation Brands, Pabst Blue Ribbon and more.
Allagash Appoints Matt Place as National Sales Director
Allagash Brewing has appointed Matt Place to lead its sales team as national sales director.
Gulf Distributing Taps Former RNDC Manager to Lead Spirits Push
One of the Southeast’s largest beer distributors, Gulf Distributing Holdings, is investing in its spirits division, pairing a newly created leadership role with its latest infrastructure investment.
Wiz Khalifa Enters Hemp THC Beverages via Scofflaw Partnership
If rapper Wiz Khalifa’s new THC-infused beverage Kush & Orange Juice connects with an audience anyway similar to the album that inspired it, expect this one to be a breakthrough release.
Boston Beer to Launch Rally Dog Spiked Sports Drink in 4 States
The spiked sports drink competition is getting another major player. Boston Beer Company will officially launch Rally Dog Vodka Ade in four test markets in September.
Craft Beer’s Summer Slump Deepens as Declines Accelerate in August Circana Report
Craft beer’s summertime blues deepened to start the back half of the season, according to the latest monthly report from market research firm Circana.
RTD Growth Challenges Bev-Alc’s Price-Based Premiumization Playbook
Ready-to-drink cocktails (RTD) carry the highest average price per serve of any category, yet are experiencing the most growth – undercutting old assumptions about what ‘trading up’ means to consumers.
Featured Jobs
BA State Government Affairs Director Departs for John Deere; BA ‘Actively Hiring’ for Role
The Brewers Association’s (BA) state government affairs director Sam DeWitt has left the trade group after more than four years.
Dive Into Innovation With BevNET CPG Media’s Interactive Launch Explorer
Welcome to BevNET CPG Media’s exclusive insights package, a unique blend of tools and reported analysis designed to give the BevNET, Nosh, and Brewbound audiences the tools they need to understand the current marketplace, assess competitive opportunities and identify key areas of growth in the retail and product environment.
Bev-Alc Trends Hold Steady Through Mid-August After Circana Data Correction
Beer’s August losses weren’t as steep as initially reported, according to new corrected data shared by market research firm Circana.
High-Light: Chicago Ad Agency Launches Retro Light Beer-Styled THC Drink
One of the ad industry’s most lauded firms is jumping into beverages with a low-dose THC drink modeled after classic American beer. Herb Light is billed as a “crushable super-low-dose light beer-styled brew” with just 1 mg THC per 12 oz. can. “Big taste, little high” is the tagline.
The Bull Case for Young Consumers’ Consumption to Uptick by 2028
Financial services firm RBC Capital Markets believes young drinkers’ consumption will increase by the end of 2027.
Great Lakes Buoys Portfolio with RTD Collab, THC-Infused Float Shoppe and Mid-Strength Light Lager
As it bolsters its core seasonal craft beer lineup with occasion-driven variety packs, 38-year-old Great Lakes Brewing Company (GLBC) also has several irons in the beyond-beer fire. Earlier this month, Great Lakes announced the launch of aSplash, a ready-to-drink (RTD) canned cocktail produced in collaboration with Columbus, Ohio-based Watershed Distillery, the Buckeye State’s largest craft spirits producer.