Quick Hits: Heineken Profits Fall 52.5% / Untappd 2020 Beer Festival Cancelled

, Quick Hits: Heineken Profits Fall 52.5% / Untappd 2020 Beer Festival Cancelled

The beer biz never sleeps at American Craft Beer. And here’s just some of what’s been happening while you were watching Netflix instead of working at home…

Untappd 2020 Beer Festival Cancelled

Popular social media app Untappd has announced that due to the COVID-19 pandemic its second Untappd Beer Festival won’t be returning to Charlotte, NC this year and has been bumped to Saturday, April 24, 2021.And even that rescheduled date is subject to change pending any updates to the phased reopening plan for North Carolina and broader COVID safety measures from the CDC.

The festival, which was originally set to take place on May 16, 2020, will be held in the same venue, Bank of America Stadium. Attendees who purchased tickets to a session on the original scheduled date will automatically have their tickets honored for the same session in 2021 and those who can no longer attend have the option to receive a refund.

“Though it truly disappoints us to have to push our much anticipated Charlotte festival out nearly a year, the health and safety of our attendees and brewer partners comes above all else,” said Talia Spera, Untappd Vice President of Festivals and Live Events. “We look forward to bringing beer fans and breweries together once again in an environment that is fun, engaging, and safe for all those who attend.”

 

Words To Drink By

“We don’t have the answers, but we will not be complicit through silence, and participating in the Black Is Beautiful collaboration brew is one small way we can lend our voices to help foster change.” – Dogfish Head co-founder Sam Calagione

 

, Quick Hits: Heineken Profits Fall 52.5% / Untappd 2020 Beer Festival Cancelled

(Dolf van den Brink became Heineken’s new CEO in June 2020.)

Heineken CEO Says Bar Sales Won’t Recover Until There’s A COVID-19 Vaccine

Heineken has announced its second quarter results which reflected the impact of the coronavirus pandemic…and those results weren’t pretty.

Heineken’s worldwide beer volumes fell 11.5% over the first six months of the year, but dropped rapidly in the second quarter as more countries such as the UK and US’s on-trade venues were unable to sell beer unless they could operate as takeaways. Volumes for April to June were 19.4% lower than the same period last year.

Dolf van den Brink, Heineken’s new chief executive and chairman, said that the Dutch brewer’s results were ” disproportionately impacted” by bar and restaurant closures throughout the spring, as well as temporary government restrictions on alcohol production and sales in Mexico and South Africa.

“There will still be volatility as consumers adapt to what is being dubbed the new normal,” Brink told analysts on 3 August. “Until there will be a vaccine or structural solution to the coronavirus we don’t see the on-trade coming back to its expected level.”

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