Tag Archive: Meiomi
Constellation’s Sales Rise 5%, Led By Beer, Premium Wine And Spirits
Constellation Brands has posted sales up 5% on a comparable basis to $2.4 billion for its fiscal third quarter ended in November, propelled by its beer portfolio as well as its premium wine and spirits stable. Continue reading →
Posted in News on January 5, 2023Impact Databank: $15 And Over Wine Brands Resilient As Overall Market Declines
Faced with recessionary pressures and tough competition from upscale spirits and the continued proliferation of RTDs, the overall wine industry in the U.S. is estimated to have declined again by volume terms in 2022, according to Impact Databank. Continue reading →
Posted in News on January 4, 2023Constellation’s Sales Rise 12% In Fiscal First Half
Constellation Brands saw sales increase 12% to $2.7 billion in its fiscal first half ended in August, as operating income rose 21% on a comparable basis to $883 million. Continue reading →
Posted in News on October 6, 2022Impact Databank: U.S. Table Wine Market Remains Sluggish, But Above $15 Brands Thrive
As the on-premise sector continues its slow but steady recovery from the pandemic, the U.S. wine market is expected to eke out another gain in dollar terms in 2022, but volumes will fall for the second consecutive year, according to The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast, 2022 Edition. Continue reading →
Posted in News on August 17, 2022California Wine’s Above-$15 Tier Leading The Charge
Even as the on-premise sector continues its long road to recovery from the pandemic, California table wines in general have struggled to maintain momentum, declining by volume for the second time in three years in 2021, according to Impact Databank. Continue reading →
Posted in News on June 14, 2022News Briefs for March 2, 2022
•Constellation is extending California wine brand Meiomi with a red blend composed of Syrah, Zinfandel, Cabernet Sauvignon, and Merlot and aged primarily in French oak.
Posted in News on March 2, 2022