Beer
Proost Beer Raises INR 25 Crore in Pre-Series A Funding
In April, Proost Beer secured funding of INR 8.5 crore. It aims to capture a five per cent plus share of the Indian beer market by 2030.
Bill Gates' Foundation Just Made a Big Bet on Anheuser-Busch and Bud Light, Despite Declining Sales
The Bill and Melinda Gates Foundation Trust acquired approximately $95 million of Anheuser-Busch shares during the same period the company reported a dip in revenue for Q2 2023.
Modelo Continues to Dominate Bud Light, Hits Another Major Milestone for the First Time Ever
Although external factors like Bud Light's PR woes played a role, Modelo's rise to the top wasn't merely coincidental. The company had aimed to become the No. 1 beer in America by 2025.
'You Need to Stand for Your Values': Heineken CEO Dolf van den Brink Talks Bud Light Beer Sales Decline
The company posted a 5.6% decline in beer sales in the first half earnings report of 2023.
Anchor Brewing Employees Are Trying to Buy the Historic Beer Company, Rallying to Prevent Shut Down
Several other parties, including Rhode Island-based brewery Narragansett Beer and Bay Area entrepreneurs, have expressed interest in preserving Anchor Brewing's legacy.
Anchor Brewing, America's Oldest Craft Brewery, Shuts Down after 127 Years
The San Francisco-based company was reportedly losing millions of dollars annually.
Bud Light Is Offering a Big Rebate for Fourth of July Weekend—Making Its Product Practically Free
Amid declining sales, the company is giving a rebate of up to $15 for beer purchased through July 8th.
Bud Light Launches 'Biggest Summer Campaign Ever' Amid Backlash and a Decline in Sales
Bud Light sales revenue declined by 26.8% in early June compared to a year prior.
Regulator: Molson Coors Miller Lite Ad Went too Far Comparing Rival Products to Water
Comedy is one thing, but Molson Coors apparently crossed the line by comparing a competitor's products to water.
Bill Gates Bought a $940 Million Stake in Heineken Even Though He's 'Not a Big Beer Drinker.'
The purchase gives him ownership of 3.76% of the company's shares.
This Summer, Beer Raises a Toast
While geo-political conditions arising due to Russia-Ukraine war have had an impact on prices, the upbeat mood of beer crafters is evident from new launches
Right Place, Right Time: You're About to See More of the PGA Championship's 'Michelob Ultra Guy'
One man stood apart from the crowd at last week's PGA Championship.
Free Webinar: 10 Lessons on Business Building and Growth from Craft Brewery Owners
Learn about blazing your own path from a pair of craft brewers who'll share the lessons they've learned, the mistakes they've made, and the plans they have for future growth.
Long Beach Beer Lab Could Have Closed; Instead, They Became Essential
The story of how one small brewery and gastropub semi-pivoted on the fly and has been busier than ever.