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BREWDOG UNVEILS AMBITIOUS ‘BLUEPRINT’ OF PIONEERING PLANS TO STEER ITS BUSINESS FOR THE NEXT 12 MONTHS.
Independent Scottish craft brewery, BrewDog, today unveiled ‘The BrewDog Blueprint’; an ambitious business manifesto packed with more than 30 bold initiatives that will see it evolve its beers and business, as well as how it collaborates with and supports its global community and industry over the next 12 months and beyond.
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- Marking a new dawn for the brewery, the Blueprint includes a wealth of pioneering plans including new beers, new bars, and new ways of doing business, as BrewDog continues to forge fresh ground as it enters its second decade.
- The content and the project scope within the document were generated in collaboration with the brewers’ 90,000-strong community of shareholders, who contributed to the themes and focus areas via BrewDog’s Equity Punk Forum.
- This further cements BrewDog’s alternative approach to business, which offers complete transparency and ownership from a global community of invested fans.
- As part of its commitment to contributing positively the UK craft brewing scene, BrewDog will be hosting an open day at its brewery in Aberdeenshire, inviting anyone who works for a UK independent craft brewer to visit the facility, attend seminars on subjects from sales to brewing, to export and quality.
- BrewDog will cover accommodation for all those in attendance, and interested brewing industry professionals can email firstname.lastname@example.org to indicate their interest.
- The Blueprint also reveals a number of new product and distribution innovations the brewery has been working on. First of these is The Hop Hub, its new distribution centre near Glasgow which is set to be Europe’s first fully refrigerated beer warehouse.
- The launch of Hop Hub will mean BrewDog will establish Europe’s first fully chilled supply chain. This investment is a testament to BrewDog’s commitment to beer quality, as it looks to keep beer cold for as long as possible in the supply chain. Hop Hub should launch with refrigeration from November.
- The Blueprint also unveils the BrewDog Foundation, a £1million annual fund that will be donated to charitable causes chosen by the brewery’s team and Equity Punks.
- This is an evolution of its Unicorn Fund that launched in 2016, and saw BrewDog share 10% of its profits amongst its team, which was extended to include a further 10% of profits being shared to charities. For a company of its size, this mammoth fund is indicative of the brewery’s commitment to using its global success for good.
- To help smaller breweries flourish, the Blueprint also reveals that the BrewDog’s Development Fund is relaunching, bigger and better than before. BrewDog will be making up to £200,000 available each year to help small craft breweries and start-ups get established.
- In addition to financial support, BrewDog will also be providing material support to brewers such as help with sourcing ingredients and brewing materials, offering its state-of-the-art laboratory for beer analysis, supporting them to grow sales by introducing recipients to its international sales network, and much more.
- BrewDog’s first Development Fund partner is Dope & Dank, a US-based initiative on a mission to bring craft beer to a more diverse audience in the US and around the world.
- BrewDog revealed today it would start producing some of its classic beers in cask, as well as reviving iconic recipes from the past decade as voted for by its community.
- The Blueprint also included BrewDog’s revived barrel-ageing programme, The Hinterlands, as it looks to reignite its established heritage for barrel aged stouts. Furthermore, BrewDog announced its commitment to reducing its environmental impact by removing plastic from its packaging (reducing at least 129 tonnes of plastic from its supply chain per annum).
- For the first time, BrewDog will be offering its Equity Punks the chance to set up their very own craft beer outpost, with the introduction of the BrewDog bar franchise programme. The initiative will be trialled in 10 UK locations, allowing Equity Punks to establish their own BrewDog bar in their hometown.
- The Blueprint also unveiled a flurry of new BrewDog bar openings including Paris, Hamburg, London’s Brixton and Canary Wharf, Manchester, Dublin, Toronto, Budapest and Brisbane.
- The Blueprint builds on what has been a record year for BrewDog. In August, the brewery announced its half-year trading update, showing total revenue at £78 million, up by 55% versus the same time last year.
- Revenue of the brewery’s bar division was up by 92% and its UK retail sales had grown by 83%. BrewDog’s flagship beer, Punk IPA is now the number 1 on-trade craft beer in the UK with a market growth of 9.8% and a value growth of over 28.8%.
- In the off-trade, Punk IPA remains the best-selling craft beer, as it has been for the last three years. Currently, five of the top ten best-selling craft beers in the UK off-trade are BrewDog products.
- In September, the brewer was named in BrandZ’s Top 75 Most Valuable Brands 2018* list as not only the UK’s most valuable alcohol brand, but also the only beer brand to appear on the list.
- BrewDog now employs more than 1,000 people worldwide with 70 craft beer bars across the globe. BrewDog’s growth has been fuelled by its record-breaking Equity for Punks crowdfunding initiative, which has seen the brewery raise £64million since 2009.
- In October last year, the brewery launched its fifth round of Equity for Punks, looking to raise a target £10 million to fuel its global expansion. After reaching the initial target in under 90 days, the brewer announced that Equity for Punks V would remain open until 15th October 2018.
- As of today, this latest round of Equity for Punks has raised over £23.7 million from more than 46,000 investors.
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“This is our manifesto for the next decade of dog. A public declaration of how we are going to progress our unerring mission of making other people as passionate about great craft beer as we are. We are determined to show that craft beer can be a force for good in the world, and we’ll continue to build a completely new type of business, with our community firmly at the helm. There is nothing more important to us than our beer and our people, which includes not only our amazing team but also the global community we have built. This Blueprint showcases how we will fight tooth and nail for what we believe in, as we aim to make a meaningful impact on both the world of beer and the world of business.”
BrewDog co-founder James Watt