News

Inflation and COVID Mean More Drinking at Home, Says IRI

At-home drinking is here to stay, according to a new report from IRI Beverage Alcohol Research. With inflation concerns and on-premise challenges, consumers are opting to indulge at home – and these conditions are impacting growth opportunities, putting a premium on innovation and affecting everything from e-commerce strategy to packaging and premiumization.

BIOLYTE Debuts E-Commerce Site and Direct Ordering Alongside Recent Growth

Looking to stock up on your favorite flavors of “the IV in a bottle,” without hitting the store? Now you can buy BIOLYTE directly from its website at drinkbiolyte.com for nationwide delivery – its new e-commerce capabilities include first-ever assorted packs, subscription services and more. 

Hoplark Expands Footprint in the Pacific Northwest with Columbia Distributing

Hoplark, the makers of innovative, non-alcoholic beverages that provide a craft brew experience without the calories, announced its partnership with Columbia Distributing, one of the country’s largest total beverage distributors, offering a robust portfolio of beer, wine, spirits and non-alcoholic beverages.

Harmonic Launches New Alcohol-Free Rosé CBD Spirit

Harmonic Woman CBD offers a successful line of tasteless, discreet CBD softgels, rubs, and bath bombs to help women micro-dose and enjoy the moment. Now, the Portland-based company is releasing two guilt-free CBD beverages with the same uplifting benefits.

Drake’s Organic Spirits Now Supplying Bulk Organic, Sustainable, Non-GMO Cane Alcohol B2B

Drake’s Organic Spirits — the only organic and sustainable spirit producer on the market that is certified USDA Organic, Gluten-Free, Non-GMO Project Verified, Vegan, and Kosher — is now supplying bulk cane alcohol B2B, offering a portion of its annual 12 million proof gallons of organic cane alcohol to distillers, copackers, blenders, flavor houses/extract manufacturers, and other companies seeking high-quality sustainable organic alcohol.

Twisted Tea Hard Iced Tea Launches New Sweet Tea Whiskey in Select Markets

Twisted Tea Hard Iced Tea, the nation’s No. 1 hard iced tea brand¹, is shaking up the spirits space with the limited release of Twisted Tea Sweet Tea Whiskey through its partnership with Beam Suntory. Twisted Tea Sweet Tea Whiskey will launch across five markets, including MA, RI, OH, MO and TX, plus military outlets.

Constellation Brands Invests In Archer Roose

Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that it has acquired a minority stake in wine brand Archer Roose – an accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of legal drinking age (LDA) wine drinkers.

Monster: Q2 Earnings Garners Gross Margins Miss

Monster Beverage Company reported a steep decrease in margins for Q2 2022 as the cost of materials and logistics weighed down record sales of $1.66 billion, a 13% increase from the same period last year. Yet those results were dampened by the soaring cost of sales, which jumped around 40% to $875.3 million.