The Netherlands | Heineken cut its 2023 profit growth forecast on 31 July after an economic slowdown in Vietnam and unprecedented price hikes squeezed sales volumes, depressing first-half earnings by more than expected.

USA | A host of investors have expressed an interest in buying some or all of San Francisco’s Anchor brewery, following the recent news of its closure after 127 years in business.

USA | The Florida governor and 2024 Republican presidential candidate hopes to use the levers of government to go after a megabrand he has singled out for its supposed “wokeness”: Bud Light. In a letter, which became public on 20 July, Ron DeSantis urged the state’s pension fund manager to explore a lawsuit against Bud Light’s parent company.

USA | AB-InBev announced a corporate restructuring at its US unit Anheuser-Busch (A-B) that will see just under 2 percent of its workforce laid off, the website brewbound.com reported on 26 July. Some 380 jobs could be affected.

USA | The Florida governor and 2024 Republican presidential candidate hopes to use the levers of government to go after a megabrand he has singled out for its supposed “wokeness”: Bud Light. In a letter, which became public on 20 July, Ron DeSantis urges the state’s pension fund manager to explore a lawsuit against Bud Light’s parent company.

USA | Constellation Brands seems to have reaped the benefits of the Bud Light boycott as sales of its Modelo brand boosted results in the most recent quarter, ending 31 May.

USA | Rarely has an effort at rejuvenating a brand gone as spectacularly wrong as when Bud Light’s marketers entered into a partnership with a transgender social-media star, only to fall victim to America’s culture wars. Now it seems all efforts to salvage Bud Light’s reputation are either ridiculed or slammed by the commentariat.

USA | The news comes as a shock: San Francisco’s historic Anchor brewery stopped making beer on 12 July and will close down at the end of July. This means the end to a 127-year run for the California institution that weathered the earthquake of 1906, Prohibition, and several bankruptcies.

USA | New York’s heritage brewer, FX Matt, struck a deal to acquire the legacy craft brewer Flying Dog Brewery from Frederick, Maryland. Financial terms of the transaction were not disclosed.

USA | Constellation Brands has pulled the plug on craft beer. The third-ranking US brewer disposed of its two remaining craft breweries – Florida’s Funky Buddha and Texas’ Four Corners – to their respective founders in May.