What Brexit Could Mean for MegaBrew
FILED JUNE 27, 2016
Few thought we would wake up to news of the Brexit being a reality Friday morning. The odds of Britain actually leaving the EU seemed slim, yet some analysts like Bernstein's Trevor Stirling were already surmising its potential implications for A-B's tie-up with SABMiller.
Sen. Klobuchar Pens Letter to Head of Antitrust Division
FILED JUNE 24, 2016
Wednesday, Senate Judiciary Antitrust Subcommittee leader Amy Klobuchar wrote to Deputy Assistant Attorney General Renata Hesse on continued concerns that ABI's incentive program and acquisitive recent history could stifle craft competition (in wake of MegaBrew).
No Tied House Concerns with Teavana Deal, Say Sources
FILED JUNE 23, 2016
A-B has reassured that every measure has been taken to keep things three-tier compliant.
HUSA Announces Tim Tulfer as New CFO
FILED JUNE 22, 2016
Heineken USA sent note today that its current CFO, Gabi Giudici, has been appointed the finance director for Heineken Italy. Tim Tulfer, currently senior regional business control manager for Heineken Americas, will take his place, effective September 1.
Is this California Bill Really Looking to Legalize Pay-to-Play?
FILED JUNE 22, 2016
Floating around on beer message boards is a conspicuous California bill, dubbed SB 1426. Inside the threads dedicated to the legislation are claims that if SB 1426 passes, it will legalize pay-to-play activities and wither away tied-house laws in the state.
A-B's Teavana Deal: Tied House Concerns?
FILED JUNE 21, 2016
Earlier this month we broke news that A-B has inked a preliminary deal with Starbucks to produce, bottle, and distribute through its wholesaler network a premium tea, Teavana Ready-to-Drink (RTD) tea, in the U.S., with an expected launch date occurring in the first half of 2017. Teavana is the specialty premium loose leaf non-alc tea brand Starbucks purchased in 2012 and sells through its stores (but not currently at other retailers).
Constellation, Mich Ultra Snag Share Over Memorial Day
FILED JUNE 20, 2016
How did beer do over the Memorial Day holiday? We've scoped some IRI data the three weeks to June 5, and the trends look a bit better than in some preliminary data that didn't include the Sunday before the holiday (or the holiday itself). This data set covers enough time to allay prior-year timing concerns (indeed that's why it spans three instead of two weeks).