MillerCoors Announces David Kroll as New CMO, Kevin Doyle as President of Sales
FILED JULY 2, 2015
Apparently Gavin Hattersley is making some leadership changes as new interim CEO: MillerCoors has just announced that David Kroll has been named CMO and Kevin Doyle has been named president of sales and distributor operations, effective immediately. Both will report directly to Gavin.
Bud Light Leaves BBDO for Wieden + Kennedy
FILED JULY 2, 2015
One more development before we send you into the long July 4 beer selling weekend: Not long after Heineken announced it would part ways with Wieden + Kennedy [see BBD 06-16-2015] after five years, A-B is announcing that Bud Light will sign on with the agency.
Constellation Posts 10% Beer Depletions for Q1, Raises Guidance
FILED JULY 1, 2015
Man, it's good to be STZ Beer. Constellation just reported beer net sales increased 11% in Q1, primarily due to volume growth. Beer depletions grew 10%. That's largely in line with Q4, when beer sales were up 11% and depletions up a little more than 9%. And that outpaced many Wall Street estimates, which cited concerns from weather to the on-premise business.
May Shipment Volumes Down 0.5%
FILED JUNE 30, 2015
Beer Institute has just released May shipment to wholesalers volumes per state. The biggest beer states generally fared well -- in fact, most did better than their year to date trends: For May, California is up 6.3%, Florida is up 4%, New York is down 1.4%, and Texas is barely up, just under 1%. In all, state shipment volumes were down 0.5% for the month, to 18.7 million barrels, and down 1.1% YTD, to 82.3 million barrels.
What's in Store for Constellation Beer's Quarter?
FILED JUNE 29, 2015
Constellation reports on their Q1 2016 period Wednesday. RBC is forecasting a solid quarter. Especially for beer: their research suggests that Constellation's beer division will "comfortably hit" 7% volume growth. The optimistic calculation defies the recent inclement weather that has impacted California and Texas, which account for 30% of Constellation's beer volume.
Beer Industry Comes Together Under One Bill
FILED JUNE 26, 2015
As reported extensively here, the Wyden Craft Beverage Modernization and Tax Reform Act brings together certain aspects of both the BI's FAIR BEER Act and the small brewers BA's BREW Act. (It's necessary to capitalize the names of Congressional bills for some reason, as if by capitalizing them it gives them a better chance of being passed, although neither of these bills had a snowball's chance in hell of being passed).
Sully: How Local Will Change the Game
FILED JUNE 25, 2015
Bob "Sully" Sullivan occupies a very intriguing place in the beer world. Having led sales for top craft brewer, Boulevard, for decades, he's now VP of new brand development for one of the nation's largest distributors, in one of its largest beer markets -- 31 million case, Dallas, Texas-based Andrews Distributing.