NIQ: 88% of Dry January Participants Stuck With It Through Month’s End
Most consumers who planned to ditch alcohol in January finished strong, according to survey results from market research firm NIQ.
Most consumers who planned to ditch alcohol in January finished strong, according to survey results from market research firm NIQ.
Constellation Brands has appointed current board member Nicholas Fink as its new CEO.
The raise comes nearly one year after Willie’s launched as a joint venture between legendary musician Willie Nelson, his family and his wellness enterprise Longplay, Inc., with JuneShine providing sales and marketing for the tie up.
Vodka-based, ready-to-drink (RTD) hard tea brand Surfside has become a $2 million-a-week or more brand for Stateside in Circana-tracked off-premise channels, but the company is looking beyond its breakout RTD.
Following the news of another major spirits supplier ditching Republic National Distributing Company (RNDC), Reyes Beverage Group is “in active discussions” with RNDC “regarding potential business transactions” in six states, as well as Washington, D.C., a spokesperson confirmed to Brewbound today.
After months of uncertainty around how the 2025-2030 Dietary Guidelines for Americans (DGA) could affect the alcohol industry, the new guidelines have arrived with no recommended daily caps on drinking.
InvestBev Capital's flagship Fund V has received a $14 million strategic investment from a “leading global beverage company," the private equity firm 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.