No, as you can see the "beer hoodie" is not simply a sweatshirt covered in beer logos, it's a kangeroo like clothing device that is probably the greatest thing invented ever, as the product descriptor page accurately suggests:

Finally! You can carry around a beer while leaving your hands free to high five a complete stranger in the stands, carry more beer, or operate your hands-free cellphone. The Beer Pouch Sweatshirt is perfect for sporting events, picnics, and really boring offices.

Features a 30 square inch pouch with elastic band and an insulating liner to keep your beer ice cold. The pouch can stretch to accommodate soda cans, bottled water, and even cans of soup and bottles of whipped cream.

I've been wondering what to do with all the cans of soup I've been hauling around! Thank god there's now a clothing-based solution for my problem. I bet you could stretch it to fit solo cups, but i'm guessing one wrong move and your "beer hoodie" evolves into "beer drenched hoodie." 

I wonder if you hug a busty short girl at just the right angle, could she can open the bottle with her cleavage? I'll give it a try once mine gets here.