Jessica Infante joined Brewbound in 2019 after nearly a decade in a variety of marketing roles in the craft beer industry. Prior to that, she was a daily newspaper reporter at the Jersey Shore. Jess holds a bachelor’s degree in magazine journalism from the S.I. Newhouse School of Public Communications at Syracuse University and a master’s degree in integrated marketing communication from Emerson College. She is a certified Cicerone and lives in Salem, Massachusetts.
Vermont lawmakers have advanced a bill to lower taxes on and grant wider market access to spirits-based, ready-to-drink (RTD) canned cocktails. If signed by Gov. Phil Scott, the bill (H.730) will go into effect July 1. It would lower state excise tax on spirits-based RTDs from $7.68 per gallon to $1.10 gallon.
Ball Corporation, the world’s largest manufacturer of aluminum beverage cans, reported $1.6 billion in sales in its North and Central America beverage packaging business unit for the first quarter of 2022, a +23% increase over the same period last year.
Waterbird Spirits believes two container sizes will take the brand to the next stratosphere of growth: 24 oz. single-serve cans and half-barrel kegs, according to founder Wilson Craig.
Constellation Brands’ beer business recorded an +11% increase in net sales growth, to $6.75 billion, for the company’s 2022 full fiscal year.
E-commerce beverage-alcohol platform Provi has filed a complaint against Southern Glazer’s Wine and Spirits and Republic National Distributing Company (RNDC) – the country’s two largest wine and spirits distributors – alleging that the companies have unlawfully stifled the growth of its platform.
The company posted net sales of $10.279 billion for the year that ended December 31. Worldwide, shipments (sales to wholesalers) declined -0.5% and brand volume (similar to depletions, which are sales to retailers) declined -1.7% over the course of the year. However, Molson Coors’ price and sales mix increased +5.2% as it continued to focus on the premiumization of its portfolio.
Premium offerings and ready-to-drink packaged cocktails propelled the spirits category to $35.8 billion in sales in 2021, a +12% increase from 2020, the Distilled Spirits Council of the U.S. (DISCUS) announced this week.
Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.”
Drinkworks, the at-home cocktail company launched as a joint venture between Anheuser-Busch InBev (A-B) and Keurig Dr Pepper, will go dry, the companies announced Wednesday.
The lines between alcoholic and non-alcoholic beverages continue to blur. Bloomberg broke the news Sunday evening that Constellation Brands and energy drink maker Monster Beverage Corp. are considering a deal.
The U.S. and European Union (EU) have struck a deal that will lift some tariffs on aluminum and steel that were enacted by former President Donald Trump. The deal, which was reached during the Group of 20 summit in Rome last weekend, will remove tariffs on “limited volumes” of aluminum and steel made in EU member countries, Commerce Secretary Gina Raimondo told the Washington Post.
Breakthru Beverage Group has tapped National Restaurant Association president and CEO Tom Bené as its next CEO, effective October 4.
Non-alcoholic craft brewery Athletic Brewing is preparing to open a pop-up facility featuring “the intersection of beer and burpees” in Austin, Texas, the company teased today on social media.
Launching in the U.S. in early 2022, the 5% ABV flavored malt beverage will be developed and produced by Boston Beer, while PepsiCo has set up a new entity to sell, deliver, and merchandise the product, according to a press release.
