Exclusive news and research on the wine, spirits and beer business

News Briefs for March 15, 2019

March 15, 2019

•Mexican beer brand Modelo has launched its latest RTD offering, Modelo Chelada Limón y Sal. Made with a base of Modelo that’s infused with natural lime and salt flavors, the new expression joins Chelada Especial and Chelada Tamarindo Picante in Modelo’s existing RTD lineup. Modelo Chelada Limón y Sal clocks in at 3.5% abv and is rolling out nationwide in 24-ounce cans. Brand-owner Constellation reports that Modelo, along with Corona, continues to drive growth for the company’s beer portfolio, whose depletions climbed 8% in 2018.

•Hess Family Wine Estates has named Matthew Wood as chief operating officer. Wood joined Hess in 2016 as vice president, operations. In announcing the promotion, Hess Family chairman Timothy Persson said Wood—a Treasury Wine Estates veteran like Hess CEO John Grant and CMO Nicole Carter—“has brought rigor and innovation to our supply-side planning and development” during his tenure with the company.

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