Beverage – Page 2 – Keep It Overproof!

HK Deliveroo offers Coronavirus relief measures for local F&B businesses

Deliveroo Hong Kong has announced a 15-20% discount in commission fees for its restaurant and wine merchant partners to support them as numbers of dine-in customers fall due to the coronavirus situation. Due to the impact brought by Covid-19, the Hong Kong government has imposed school closures until 16 March and extend the work from home arrangement for civil servants for another week until 23 February. As per official advice, a number of local offices have followed the government’s lead or minimised employees’ office working hours. Because of the special arrangement and also public...

ProWine Singapore postponed

Posted in Beer, Spirits, Wine.

ProWine Singapore, due to be held this March, has been postponed it has been announced due to concern over Covid-19 (coronavirus). Informa markets the organisers of the FHA-Food & Beverage show in Singapore, which the ProWine event is held alongside, has said that with the latest developments of the Covid-19 virus the event was being pushed back to a later date for health reasons. Martyn Cox, event director, Hospitality, Food & Beverage – Singapore for Informa Markets, said: “The safety and well-being of our exhibitors, event attendees and staff is our top priority. There...

How Molson Coors Will Respond After a “Challenging” 2019

Posted in Beer, Industry.

Dear Client: Molson Coors chief Gavin Hattersley didn’t beat around the bush in yesterday’s earnings call. The first line out of his mouth was “Look, 2019 was a challenging year for Molson Coors Beverage Company.” Indeed, there weren’t a whole lot of positive numbers Gavin could point to within the past year for their biggest … Continue reading “How Molson Coors Will Respond After a “Challenging” 2019” You are unauthorized to view this page. Read the full article

Molson Coors Q4 U.S. Depletions Only Down 1.7%

Posted in Beer, Industry.

Dear Client: It looks like things are getting sequentially better for Molson Coors Beverage Company. Today they reported depletions down 1.7% and shipments up 2.5% for the U.S. fourth quarter. That’s a far better showing than their previous quarter results, where shipments were down 6.2%, and depletions down 3.9%. Although, they were facing some pretty … Continue reading “Molson Coors Q4 U.S. Depletions Only Down 1.7%” You are unauthorized to view this page. Read the full article

Future Proof Files Injunction Against Molson Coors

Posted in Beer, Industry.

Dear Client: Recently we reported that BeatBox maker, Future Proof, had sent a cease and desist letter in January to Molson Coors Beverage Company for what the former dubbed infringement against its seltzer brand, Brizzy. As BBD readers know, MCBC is bringing a similarly named hard seltzer brand, Vizzy, to market imminently. Molson Coors Beverage Company had expressed its intent to respond by Friday, February 7. But Thursday afternoon, Future Proof filed an injunction, CEO Justin Fenchel told BBD. But then, a press release hit on Friday, confirming that Future Proof filed litigation...

Molson Coors Changes the Name of Their New Organic Beer to Coors Pure

Posted in Beer, Industry.

Dear Client: At Molson Coors Beverage Co.’s distributor meeting last fall, the company teased a new better-for-you offering from the Coors Family of brands – Coors Peak, a 92-calorie light beer made with organic ingredients set to debut in three flavors: pure light beer, citrus and berry. Yesterday, however, the company informed distributors that they’ve … Continue reading “Molson Coors Changes the Name of Their New Organic Beer to Coors Pure” You are unauthorized to view this page. Read the full article

Are US consumers ditching wine for hard seltzer?

Posted in Beer, Spirits, Wine.

Following reports that wine consumption is starting to tail off in the US, further data has revealed that hard seltzer could be taking its place. White Claw Hard Seltzer Natural Lime (PRNewsFoto/White Claw Hard Seltzer) Around one in three adults in the US (77 million) consumed wine at at least once a month in 2019, down from 88 million in 2015, according to a survey from Wine Intelligence. And when it comes to the demographics, it is 21-34 year-olds who are most likely to report drinking less wine. In a survey of around 2,000 consumers, just under 4 in 10 (39%) said they had reduced...

Molson Coors Beverage Co. to Acquire Atwater Brewery

Posted in Beer, Industry.

Dear Client: After a three-year hiatus, Tenth & Blake is back cutting deals in craft. The U.S. craft division for Molson Coors Beverage Company has just announced an agreement to acquire Detroit-based Atwater Brewery. The transaction is expected to be completed within the next couple of months. Terms of the deal were not disclosed. BBD … Continue reading “Molson Coors Beverage Co. to Acquire Atwater Brewery” You are unauthorized to view this page. Read the full article

Tmall unveils beverage sales report for 2020 CNY celebration

Posted in Beer, Spirits, Wine.

Beverage sales in China are always at their peak before the celebration of each lunar new year and China’s e-commerce giant Tmall recently announced a detailed report on the exponential surge of beverage sales driven by the preparation for new year. According to the report, since the beginning of January 2020, the sales of beverage products in Tmall has experienced a growth of 198%. Sales of baijiu in particular have grown enormously, up 237% on the same period last year, followed by beer at 158%, wine at 156%, other spirits at 62% and the Chinese rice liquor huangjiu also at 62%. This...

Two Big Retailers Share Beer Secrets

Posted in Beer, Industry.

Dear Client: How are top retailers setting their shelves? Staying profitable? How did they deal with White Claw out of stocks — especially as it’s now a top beer sku? We asked that of Whole Foods and Walmart beverage aces. Here’s what Jason Fremstad, VP, Adult Beverage, Walmart and Mary Guiver, Global Senior Category Merchant, … Continue reading “Two Big Retailers Share Beer Secrets” You are unauthorized to view this page. Read the full article

Tag: Beverage