Vietnam: Government drafts new regulations proposing phased increase in alcohol excise

Vietnam’s Finance Ministry has announced plans for a phased tax hike on alcohol, a decision which will likely be a crushing blow to the country’s already struggling beer sector, The ...
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World: Spirits set to overtake wine as global drinking habits change, report says

More cases of spirits, such as vodka and whisky, than of wine are set to be sold globally, the World Spirits Alliance predicted on July 10, as drinking preferences have ...
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World: Big brewers expanding into low and no alcohol products but the boom looks relatively small

Big brewers are talking a good game on zero-alcohol beer. Carlsberg, Heineken, Anheuser-Busch InBev, Molson Coors, and Japan’s Asahi are expanding into low and no alcohol products, targeting an increasingly ...
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World: Deutsche Bank raises its price target on Carlsberg

Deutsche Bank reaffirms its 'buy' recommendation on Carlsberg, the stock that replaces Heineken as first choice in the European beverage sector, with a price target raised from 1,100 to 1,200 ...
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USA: Hops market looking down due to surplus on the market and lowered demand

Due to a surplus of hops and lowered demand, a once-strong local market for the crop is looking down, KIMA reported on July 9. "This craft market, the strong craft market ...
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USA, MA: Building 8 Brewing permanently closes operations

Building 8 Brewing, one of the area’s premier craft breweries, has permanently ceased operations after almost a decade in business, the owners announced in a Facebook post this week, the ...
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USA, CT & CA: Athletic Brewing Company closes $50 mln equity financing round with General Atlantic

Athletic Brewing Company announced on July 9 it closed a $50 million equity financing round led by private equity firm General Atlantic, with participation from other investors. As part of ...
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USA, CT: Manchester’s Labyrinth Brewing Company closing its doors after six years in business

A brew pub in Manchester is closing its doors later this month after six years in business, Patch.com reported on July 9. The owners of Labyrinth Brewing Company made the announcement ...
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Canada, BC: Port Coquitlam’s Boardwalk Brewing to close for good on July 14

Port Coquitlam’s brewery trail is getting a little shorter, Tri-City News reported on July 10. Boardwalk Brewing, in the city’s Dominion Triangle area, is pulling its last tap Sunday, July 14. The ...
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USA, TN: Elst Brewing Company announces closure after its five-year anniversary in August

Elst Brewing Company, just west of the Oakwood neighborhood in North Knoxville, will close almost immediately after celebrating its five-year anniversary in August, Knox News reported on July 9. The future ...
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