Funny they should say that. The maker of Guinness stout, Johnnie Walker and Smirnoff, on 31 January 2017 announced that it wants to build a brewery and taproom at its former whiskey bottling plant near Relay in southern Baltimore County. It would be Guinness’ first US brewery in more than 60 years.
Good grief! Has Wall Street fallen prey to superstition, or are investors just desperate for a deal? At the end of January 2017 several business media reported that it was time for Jorge Paulo Lemann to get back in the hunt. Mr Lemann, 77, is one of the owners of 3G Capital, which also controls a large chunk of AB-InBev.
If the going gets tough – sell. This seems to be Kirin’s approach to its struggling business in Brazil. Since the middle of January media have been abuzz with rumours that Japan’s Kirin Holdings will dispose of its Brazilian beer operations to Heineken as soon as possible.
It may be an unfair comparison, but a pertinent one. When Boston Beer reports its full year results in February 2017, the craft brewer is expected to record lower year-over-year revenue. That would be a first for Boston Beer since 2003.
Latest data by Beer Marketer’s Insights suggest that in 2016 beer sales were up just 0.4 percent over 2015. According to estimates, AB-InBev’s beer volumes dropped 1 percent, MillerCoors’ was down 1.7 percent, while Constellation’s beer sales rose a whopping 14.4 percent.
Who would have thought that choosing the city of Columbus, Ohio, as the site of their first US brewery, could turn into a bit of a PR challenge for BrewDog?
The mancave (aka the shed or basement) will get crowded if men splash out on all the latest beer gizmos released over the past few months.
It’s not just car makers that worry over President Trump’s border tax threat, beer importers are concerned too. Although Republicans haven’t yet drafted legislation, Constellation Brands, the number three brewer in the US, is already pro-actively looking at ways to avoid raising prices.
Craft breweries are facing slowing growth in the US. After years of two digit growth rates, long-established craft brewers are facing stiff competition from an explosion of small breweries to over 5000 and behemoth brands that have refreshed their offerings to compete.
New Belgium Brewing, the country’s number four craft brewer, has scrapped its entire line-up of India Pale Ales and will replace them with new varieties and different hop profiles in 2017.