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DAILY BRIEFING: LITE EDITION
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A preview of today's news & insights for the beer industry.
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| | Brewbound continues to dive into 2023 craft beer production trends from the Brewers Association’s (BA) May/June issue of New Brewer Magazine.
Brewbound previously covered top 50 craft, regionals beyond the top 50 and big beer craft. Now, a look at some of the trends in craft’s smaller subsets – taprooms, microbreweries and brewpubs. Become a Brewbound Insider to dive into the full report, which includes production changes for the top microbreweries, taprooms and brewpubs, and other trends among the three craft groups. |
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| | Suntory Holdings has responded to a Wall Street Journal report that Boston Beer was in talks to sell to the global spirits giant. The report sent Boston Beer’s stock soaring late on Friday, with the Wall Street Journal citing “people familiar with the matter.” Become an Insider to read Suntory’s response, get Wall Street’s take on a potential deal and how much a takeout could net and perspective on who would have to sign off on a sale. |
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| | | | Look out for more presents from data Christmas, a.k.a. the Brewers Association's (BA) release of 2023 craft production volume numbers. This year, the BA included overall production trends for companies that use contract brewing – stay tuned for a dive into those. Plus, a fresh Brewbound podcast with more conversations recorded live at the Craft Brewers Conference in Las Vegas with Monday Night Brewing’s Jeff Heck, marketing free agent Rob Day and new Cicerone owners Dan Imdieke and Jason Pratt. |
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| | | | A trio of breaking news stories hit Friday, including the previously mentioned Boston Beer/Suntory rumors. Additionally, after 10 months of uncertainty, Anchor Brewing Company’s future appears to be secure. Hamdi Ulukaya, the billionaire founder and CEO of yogurt and dairy brand Chobani, acquired the craft brewery and property in San Francisco’s Potrero Hill neighborhood. The San Francisco Standard first reported the news, and Brewbound confirmed the sale. Although a sale price was not disclosed, the real estate had been listed for around $40 million. Anchor’s previous owner, Sapporo, ceased operations at the brewery last July and began a sale process for the 127-year-old craft brand’s assets. Ulukaya is the latest person to attempt to resurrect the Anchor brand, which was established in 1896. Fritz Maytag famously revived Anchor in 1965, and established Anchor Steam Beer as an iconic craft brand. Then, Athens, Georgia’s Creature Comforts announced a leadership change at the top. Co-founder Chris Herron stepped down as CEO and Adam Beauchamp was named his successor. In other news … Monster shut down operations at the Deep Ellum Brewing facility in Dallas, and will transfer brewing operations to other facilities. Twenty-five people lost their jobs due to the move. This is the third major change at a former CANarchy facility, following layoffs at the Cigar City brewery in Tampa this March and the shutdown of the Oskar Blues brewery in Austin last November. The Cigar City facility was transformed into a cross-category innovation hub. |
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| | | Can’t get enough of the Brewbound Podcast? If you’d like to go beyond just listening, Brewbound is rolling out videos of the Brewbound Podcast On Location interviews, recorded live on the Expo floor during the Brewers Association’s (BA) Craft Brewers Conference in Las Vegas. The first two to go live include two previously audio-only released conversation: Watch both interviews above, and look out for more video interviews to come. |
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| | | | The Brewbound Live business conference returns December 11 and 12 in Marina del Rey, California. Brewbound Live will feature beverage-alcohol industry leaders taking part in business-focused conversations, data presentations, networking and much more across two days at the Marina del Rey Marriott. Brewbound announced the first speakers for this year’s conference. They include: - Russian River co-owner Natalie Cilurzo;
- Deschutes Brewery CEO Peter Skrbek;
- National Beer Wholesalers Association chief economist and VP of analytics Lester Jones;
- Draftline Technologies founder and president Jennifer Hauke.
Additional speakers will be announced in the coming weeks. Register for Brewbound Live 2024. |
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