Inside this issue of Forbes Daily: - Consumer prices continue to rise - Forbes Travel Guide reveals its 2023 Star Awards winners - Pharrell Williams appointed creative director of Louis Vuitton’s menswear Read more: by lcs_smythe
220 Boeing jets valued at $34 billion, with an option for an additional 70 jets that would bring the total price tag to $45.9 billion. The deal marksDaily Cover StoryCofounders Bill Shufelt and John Walker of Athletic Brewing have been hard at work concocting the buzziest beer brand in America by creating craft brews that will actually leave you without a buzz.
The company is on a mission to eliminate the stigma around non-alcoholic beer, which is often thought of as bland and thin. Instead, Athletic Brewing is making hoppy IPAs, crisp ales and toasty porters with the flavor and feel of a craft beer—but with less alcohol than a slice of rye bread. Since 2017, the two beer gurus have raised $173.5 million from Alliance Consumer Growth, TRB Advisors and Tastemaker Capital. Beverage giant Keurig Dr Pepper took a $50 million minority stake at a valuation just under $500 million in fall 2022, sources close to the deal say, while celebrity investors in Athletic Brewing include Naomi Osaka, J.J. Watt, Karlie Kloss and Toms Shoes founder Blake Mycoskie.
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