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Discover why more craft beer breweries are closing than opening, as the industry grapples with rising supply costs and shifting consumer habits in a changing market landscape.
Guinness is under scrutiny for imposing steep price increases on pubs, impacting their margins amidst rising demand.
Anheuser-Busch's CEO promotes rebranding beer as 'American' to strengthen cultural identity and national pride, emphasizing local craftsmanship and economic contribution.
Carlsberg's annual profit increased by 2.8% to 11,411 million DKK, slightly under analyst expectations, with a focus on sustainability and market growth.
Molson Coors expands its non-alcoholic portfolio by acquiring 8.5% stake in Fevertree Drinks, aligning with consumer trends.
From 2020 to 2024, Beer imports showed limited growth, with a notable decrease in value to $915M in 2024.
Diageo, a prominent spirits company, has denied rumors about selling its renowned Guinness brand or its stake in Moet Hennessy, highlighting rumors as unfounded.
Coors Light introduces 'Mondays Light,' a new beer promotion to lighten up the post-Super Bowl blues, capitalizing on advertising mishaps with humor and enhancing beer's cultural impact.
Constellation Brands confronts a tough sales outlook due to a shift in consumer behavior towards value, impacting its stock and FY 2025 projections.
Constellation Brands revises its yearly sales forecast due to inflation-related shifts in consumer spending, impacting its popular Corona and Modelo beer lines.
Shares of leading Asian liquor and beer companies decline following a US health warning linking alcohol to cancer risk, sparking market reactions and potential industry changes.
US Surgeon General Vivek Murthy advocates for cancer warnings on alcohol labels due to increased cancer risks.