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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

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 ...
Published 10/07/2024 More

USA, PA: Mad Princes Brewing to cease operations this summer

An eastern Pennsylvania brewery is closing this summer, PennLive.com reported on July 10. “Friends, it is with a sad and heavy heart that we must make an announcement that has recently ...
Published 10/07/2024 More