Every Friday, I round up a bunch of stories from the booze business and beyond that caught my eye. Then, I editorialize the shit out of them for our collective amusement. This is 🧾 The Settle-Up.

Dave Infante @dinfontay

What's that white thing peeking out of Tarrio's tactical vest? *computer... enhance* Is that...? No! Yes?

6:33 PM ∙ Jun 9, 2022

• Justice Dept. to Proud Boys: We Cannot Emphasize Enough That There Absolutely Are Laws When You’re Drinkin’ Claws

• Tequila, Mezcal Overtake American Whiskey in U.S. Spirits Sales; Congratulations to Kylie Jenner and No One Else

• Gallo Scores NFL Sponsorship, Further Weakening ABI’s Once-Invincible Chokehold on Super Bowl Ads

• ESG Investors Avoid “Sin Stocks” Like Porn & Cigs, But Not Booze. Huh, It’s Almost Like ESG Is Bullshit?

• 8 of Top 10 Food & Drink Brands Launched Last Year Were Drinks, Suck It Food!!!

• Ignore the FUD, Beer’s Summer Sales Bonanza Remains Real, and Spectacular

• Good God, Big Bourbon Is Building A Lot of Distillery Space Right Now. Watch for Union Activity as New Capacity Comes Online

• Goose Island NFT Project Flops, With Just ~300 of 1922 Minted

• Saw Someone Say Pitt-Jolie Vineyard Suit Is “The Next Depp-Heard,” Made Me Feel Real Bad!

• The Influencer Ready-To-Drink Land Rush Is ON, But Traditional Celebs Haven’t Given Up on Hard Seltzer Yet

📬 Good post alert

h  @milliesjolie

how do you defame a wine company no one’s heard of

People @people

Brad Pitt Accuses Angelina Jolie of Purposely Harming Reputation of Wine Company He 'Carefully Built' https://t.co/1hUCFCJwgs

12:40 AM ∙ Jun 7, 2022

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#️⃣ Digits: Beer-flation nation

Perhaps you’ve noticed some headlines about inflation lately. It’s a thing that’s happening, although its causes are a matter of fierce debate. Some think soaring profit margins indicate firms with pricing power have been driving prices up as a form of market manipulation known as “greedflation;” others think it’s absolutely fuckin’ epic to post stickers of Joe Biden on gas pumps so it looks like he’s happy about the higher costs of fuel. Who’s to say, really?! Anyway, I’ve got a deep dive coming soon for VinePair about how this inflationary environment is affecting big macrobrewers’ profit margins, but there’s no question it’s contributing to a hike in beer prices. Which brings us to our first ever Digits featured figure:

4.5%

That’s the amount the average price of beer has risen year-over-year through May 2022, according to the Bureau of Labor Statistics’ latest Consumer Price Index release. This jump pertains specifically to beer purchased to be consumed off-premise (i.e., not in a bar or restaurant) but seeing as how a) that’s the vast majority of beer in this country; and b) the average price for beer bought on-premise was actually higher (5.9% YoY through May 2022), you can figure this number is at least directionally accurate. If it’s any consolation—and I don’t know why it would be—this rise, while significant, has actually come down from last month’s CPI (5%), and is dramatically lower than the price inflation in other key categories. So… there’s that, I guess?

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