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World: Brand Champions Report publishes list of best-selling alcohol brands in 2023
There are so many alcohol brands out there, and as the spirits industry gets increasingly saturated and competitive, a person has to wonder whos coming out on top? What ...
Published 10/07/2024
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Vietnam: Government drafts new regulations proposing phased increase in alcohol excise
Vietnams Finance Ministry has announced plans for a phased tax hike on alcohol, a decision which will likely be a crushing blow to the countrys already struggling beer sector, The ...
Published 10/07/2024
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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 ...
Published 10/07/2024
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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 Japans Asahi are expanding into low and no alcohol products, targeting an increasingly ...
Published 10/07/2024
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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 ...
Published 10/07/2024
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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 ...
Published 10/07/2024
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USA, MA: Building 8 Brewing permanently closes operations
Building 8 Brewing, one of the areas 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
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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 ...
Published 10/07/2024
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USA, CT: Manchesters 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
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Canada, BC: Port Coquitlams Boardwalk Brewing to close for good on July 14
Port Coquitlams brewery trail is getting a little shorter, Tri-City News reported on July 10.
Boardwalk Brewing, in the citys Dominion Triangle area, is pulling its last tap Sunday, July 14.
The ...
Published 10/07/2024
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