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Molson CEO Says Drinking at Bars Might Never Recover Post Covid

Craft Beer Popularity Grows As Russian Drinkers Seek Novelty

Photographer: Andrey Rudakov/Bloomberg

The pandemic has changed the way the world drinks beer -- maybe for good, according to Molson Coors Beverage Co. Chief Executive Officer Gavin Hattersley.

“There’s no doubt in my mind it will take a very long time to recover to 100% of bars and restaurants, if we ever get back to that level,” Hattersley said Tuesday at an investor conference. And even when establishments do reopen, they will likely stock fewer brands, he said.