Take two: AB-InBev sues Constellation over barrel-aged Modelo beers
USA | More work for corporate lawyers. Even before AB-InBev’s lawsuit against Constellation Brands over a breach of their Corona licencing agreement has been settled, the Mexican arm of AB-InBev has accused Constellation Brands of a second breach of their deal, this time concerning the Modelo brand.
Diageo working to improve pay practices
United Kingdom | Prompt payment (or rather the lack of it) is a hot topic in all industries, so much so that the UK government set up its “hall of shame”, aka its Prompt Payment Code (PPC) in 2008. On 1 November 2019, Johnnie Walker owner Diageo was among 20 companies to be suspended from the PPC, since it failed to comply with the Code’s terms of payment.
Beer monopoly podcast No. 9: Direct to consumer
It was a remarkable admission by James Watt, one of the founders of Scottish craft brewer BrewDog: He said that in March 2020 he broke down in tears when the severity of covid-19 became clear: BrewDog had lost almost 70 percent of its revenue overnight, almost all of its 100 bars were closed, most of its export markets stopped ordering. Pivoting its website to prominently feature its online shop proved a way out. BrewDog ended a potentially ruinous year profitably. So what can craft brewers learn from BrewDog’s e-commerce model?