Hipster beer alert: PBR revives another 20th century classic
on 15/08/14 at 8:31 amBeer
Starting September, Pabst will start selling Ballantine India Pale Ale in six packs and larger bottles in the Northeast.
Ballantine, a craft beer, was once one of the biggest selling brews in the U.S. and was a sponsor of the New York Yankees in the 1940’s and 50’s.
But Ballantine went into decline after the 1960’s and was bought by various investors who didn’t quite understand the beer business.
However, craft beer is hot again, as is India Pale Ale. Overall beer sales have been down for four of the past five years, but craft beer sales grew 17% last year, and represents about 20% of the overall $100 billion dollar beer market, according to the Brewers Association.
“Ballantine is an older brand that basically disappeared,” said Eric Shepard of Beer Marketer’s Insights. “But this makes sense because (India Pale Ales) are the hottest segment of the craft beer market right now.”
Pabst has owned the Ballantine brand for nearly 40 years, but it wasn’t until two years ago that it started to think about reviving the brand and bringing it back in its original form.