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| DAILY BRIEFING: LITE EDITION | | A preview of today's news & insights for the beer industry. |
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| 🚨 What You're Missing 🚨 | | | Anheuser-Busch InBev’s (A-B) Q2 results dropped early this morning, and the numbers are relatively sunny compared to trends across the rest of the beer industry.
Brewbound senior reporter Zoe Licata dove into the highlights in today’s Insider version of the Brewbound Newsletter, with further details available on Brewbound.com. In addition to A-B’s report, the full edition of the newsletter also has details on the Chapter 11 bankruptcy filing from Three Weavers’ parent company, and news From the Wire, including a TN brewery acquisition and a national sales partnership between U.S. Beverage and Rouge Ales & Spirits. Insiders also have access to the Brewbound Newsletter Archive, including previous newsletter-exclusive Insider content.
Become a Brewbound Insider today! Or, be in the know on all food and beverage news from Brewbound, BevNET and NOSH with Insider All Access. |
| | Today's Top Story | | | After years working at various breweries and hosting their own craft beer podcast, Chelsea Rhoads and Liz Hess finally decided to take the plunge and buy a brewery.
The pair, who co-host the Body By Beer podcast, acquired Denver’s Berkeley Alley Beer Company earlier this summer and have put their own spin on the beloved local spot. They joined Brewbound managing editor Jess Infante for a conversation about why now was the time to become brewery owners and how they plan for Berkeley Alley to be a community gathering hub. Ahead of the interview, Brewbound senior reporter Zoe Licata chats about the latest headlines, including Boston Beer’s tale of 2 teas and the Brewers Association’s midyear survey results. Plus, she details a recent taproom visit that blew her away. Listen here or on your podcast platform of choice. |
| | Brewbound Headlines | | | | The parent company of Three Weavers Brewing (Inglewood, CA) has filed for Chapter 11 bankruptcy.
GRDN Hospitality filed Thursday, July 24 in the U.S. Bankruptcy Court for the Central District of California. The filing comes 4 years after Three Weavers founder Lynne Weaver and a group of investors bought the craft brewery back from craft collective CANarchy (now a part of Monster Brewing). Weaver had sold Three Weavers to CANarchy in 2018. Insiders can read more here, including a look at some of the company’s largest unsecured claims and creditors, what has led to GRDN's bankruptcy filing and a dive into recent scans for Three Weavers. |
| | Earnings Season | | | | Brand extensions of some of Anheuser-Busch InBev’s (A-B) top brands helped the company outpace U.S. beer industry trends in Q2, the company shared Thursday in its quarterly earnings release.
A-B’s U.S. beer business was boosted in the quarter by innovations from 2 of its stronger brands, Busch Light and Michelob Ultra, CEO Michel Doukeris shared.
Insiders can read more here. |
| | ICYMI | | | | Brew Hub’s (Lakeland, FL) next era has been solidified, several months after news broke that contract brewing company’s facility had been foreclosed by its bank.
Great Southern Copackers has acquired the company and building, and will rebrand it as Great Southern Beverages, co-founder and CEO Jeremy Roberts told Brewbound. Insiders can read more here. |
| | Save the Date | | | Brewbound Live takes place in Marina del Rey, CA on December 10+11, and the official Marriott hotel block is now available. Staying on-site means you’re just steps away from panel discussions, beer tastings, and connection-building with top industry leaders. Secure your spot early, register now to access the room block and save $100 with early registration. |
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