Anheuser-Busch InBev To Acquire Majority Stake in BeatBox
Anheuser-Busch InBev's (A-B) will acquire a majority stake in party punch maker BeatBox for approximately $490 million, the company announced today.
Anheuser-Busch InBev's (A-B) will acquire a majority stake in party punch maker BeatBox for approximately $490 million, the company announced today.
A new report from market research firm CGA shows that consumers are motivated to try ready-to-drink (RTD) cocktails by deals over a mood or occasion when drinking on-premise.
Molson Coors continues to back its “beyond beer” push into non-alcoholic categories, though questions remain over the pace and balance of its portfolio after Tuesday’s Q3 earnings report.
Gen X consumers, born between 1965 and 1981, now account for the largest percentage of CPG, general merchandise and quick-service restaurant (QSR) sales, usurping Boomers for the first time, according to a new report from Numerator.
The storied brand had a consumer gap – those in their 20s and 30s – that were looking for beverages to meet occasions Martinelli’s wasn’t participating in, including bev-alc.
Growth is slowing down for spirits-based RTDs, but gains in the on-premise and emerging flavor categories hint at opportunities, according to bev-alc consulting and data firm 3 Tier Beverages.
Molson Coors named long-time chief strategy officer Rahul Goyal as the company’s new president and CEO, succeeding Gavin Hattersley who announced in April plans to retire at the end of the year.
“Flavored alcohol” across categories has become a lonely bright spot for the bev-alc industry, which is finding itself particularly pessimistic in 2025, according to the latest monthly report from Bump Williams of Bump Williams Consulting (BWC).
California-based JuneShine Brands has spent the last seven years expanding its bev-alc portfolio from only hard kombucha, to now spirits-based canned cocktails, an American light lager and flavored malt beverages (FMBs).
More than 125 licensed producers craft more than 5 million gallons of cider annually in New York, making the Empire State the largest cider-producing state in the U.S. by active cideries, according to the New York Cider Association (NYCA).
Numerous fruity and colorful hard beverages have hit the shelves in the past two years, labeled as “refreshers,” but that is about where their similarities end. Read our refreshers feature story from the latest edition of BevNET Magazine.
Consumers want more beverages delivered to their doorsteps – alcoholic and otherwise – according to a recent survey by food and beverage e-commerce delivery platform DoorDash.
If horse races and taco specials can’t bring consumers to the on-premise, maybe celebrating their mothers will.
Half of consumers went out for a drink in March, and on-premise visitations aren’t expected to slow down despite economic uncertainty, according to NIQ’s on-premise marketing research arm CGA.