New Belgium will take over production of Kirin Ichiban and Kirin Light in the U.S. when the Japanese lager brand’s contract brewing agreement with Anheuser-Busch InBev (A-B) expires later this year, New Belgium announced today. New Belgium is a subsidiary of Kirin-owned, Australian-based Lion. https://lnkd.in/gAcfVtGD
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D.G Yuengling and Son (DGY) has agreed to swap territories with its joint venture with Molson Coors (TYC). In a letter to distributor partners last week, chief administrative officer Wendy Yuengling wrote that the brewery would trade its Louisiana, Arkansas and Mississippi territories to the JV for the yet-to-be-opened market in Michigan. https://lnkd.in/gSZ7xiGk
Yuengling and Molson Coors JV Swap Territories
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More than 4.043 million barrels of beer were imported into the U.S. in May, marking the first time more than 4 million barrels were imported in a single month, according to Beer Institute (BI) chief economist Andrew Heritage, citing the latest report from the Department of Commerce. https://lnkd.in/gRERrgxs
Beer Institute: May Marks Record Number of Beer Imports; Domestic Tax Paids Back in the Black
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Constellation Brands’ share price declines Wednesday seemed not to shake company leadership, who expressed optimism about continued growth during the company’s Q1 FY 2025 earnings call with investors and analysts. https://lnkd.in/gVvgmuBN
Constellation Top Share Gainer for Memorial Day; Leadership Believe Growth Will Continue Regardless of Presidential Administration
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Deal maker Townsend Ziebold has joined Arlington Capital Advisors as of July 1. Ziebold announced the move to business contacts, and Arlington leaders confirmed. https://lnkd.in/grbXpv8c
Townsend Ziebold to Join Arlington Capital Advisors
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Constellation Brands reported a strong first quarter of its 2025 fiscal year, with $2.662 billion in reported net sales, a +6% increase compared to the same quarter last year, according to its Q1 earnings report. https://lnkd.in/gCXVt5yK
Constellation Brands’ Beer Division Carries Q1 2025, Shipments +7.6% and Depletions +6.4%
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One-in-three consumers plan to celebrate Fourth of July weekend at bars, restaurants, and other on-premise venues, according to NIQ-owned on-premise data firm CGA. https://lnkd.in/g-rhPpzH
CGA: July 4, Summer On-Premise Visits Expected to Heat Up
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Molson Coors-owned Leinenkugel’s is making its flagship Summer Shandy a year-round offering. Leinenkugel’s president Tony Bugher and John Leinenkugel discuss why the move represents the company getting out of its own way, how big the brand is for its business and how they plan to support the brand in the colder months. https://lnkd.in/gYCZAAYT
Brewbound Podcast: How to Make a Summer Shandy Work Year-Round
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Popular and controversial social media platform TikTok recently opened advertising on its platform to beverage-alcohol brands in the United States, due in part to its user base aging up. https://lnkd.in/gAVDxTTj
TikTok Opens Ad Platform to Beverage-Alcohol Brands in the US
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The state-by-state battle to expand sales of ready-to-drink (RTD) cocktails continues as spirits advocates celebrated a win in North Carolina this week. https://lnkd.in/gWgGiK6K
North Carolina Eases Restrictions on Spirits-Based RTDs, Pennsylvania Bill Moves Ahead
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