Russia. Baltika Breweries Announces Share Buyback

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The buyback will be carried out in accordance with the procedure of buying back shares, as stipulated by the Board of Directors. All shareholders (owners of ordinary and preference shares) can participate in the procedure, regardless of the number of shares they hold. (more…)

US. IPAs Up 42% YTD

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The latest four-week and year-to-date craft brewer sales scan data is out from Symphony IRI Group (SIG) today. The top two craft beer “styles,” pale ale and “seasonals,” both showed nice growth of just under 9 percent by dollars in the grocery, drug and convenience channels. (more…)

Beer Drinking and What It Says About China’s Economy

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The average Chinese adult drank about a half a bottle of beer in 1961, less than the average resident of Iran. By 1991, consumption topped 27 bottles a year, but still lagged behind 117 other nations, according to the World Health Organization. (more…)