To say that the first half of 2020 has been a struggle is grossly understating it. The beer industry entered the year already showing signs of a shake-up with both craft/independent and large, multinational corporations looking for ways to tighten their belts.
The explosive growth of kombucha has dramatically changed this once niche beverage category. From 2018 to 2019, the category grew 25.4% after leaping 60.1% the year before, according to SPINS data cited by Food Navigator.
INDIA — Ashika Capital Limited, a future focused investment banking firm, facilitated a one-of-a-kind deal for Independence Brewing Company (IBC), one of the largest & oldest microbreweries in India, with parent company Indus Brew LLC located in the US.
The chief executive of the Wine and Spirit Trade Association (WSTA) said he was worried that more work is not being done to ensure a deal is secured before the end of the Brexit transition period.
Japanese spirits producer Suntory has teamed up with 11 companies on a new joint venture that will develop innovative technology for used plastics.
MIAMI & DALLAS--(BUSINESS WIRE)--Southern Glazer’s Wine & Spirits (“Southern Glazer’s”)—the world's pre-eminent distributor of beverage alcohol—today announced that Rudy Ruiz, Executive Vice President of Emerging Spirits Brands, will be leaving the Company, effective July 3, 2020, to join industry innovator Park Street.
A new report pegs Covid-19-related losses to California’s wine industry at $4.21 billion, equating to the direct and induced loss of 42,376 jobs.
The list of states still closed to winery direct-to-consumer shipments has dwindled to just four — Utah, Delaware, Alabama and Mississippi — but efforts to open those hit a novel roadblock this year as state capitols were shut down during the initial closures related to the ongoing pandemic.
LOUISVILLE, Ky. — Spirits giant Diageo announced Monday that it’s going green with its newest whiskey-making venture in the Bluegrass State.
Smirnoff owner Diageo will halt all advertising on major social media platforms indefinitely from 1 July as the group “strives to promote inclusion and diversity”.