Brewery Heads Agree Craft is Slowing, Though Not Sure How to Define it

Dear Client:One of the most intriguing parts of today's Brewbound Session in Brooklyn was the state of the industry panel with Alchemy & Science's Alan Newman, New Belgium's Christine Perich, Brooklyn Brewery's Robin Ottaway and CBA's Andy Thomas. Most of them contend that "craft" -- a term meaning everything, and nothing -- is indeed seeing growth slow and shelf space winnow. Even scarier: capacity may be overbuilt and private equity is way more entrenched than it may seem.ALAN: COULD BE