Tag Archive: Constellation Brands
Premium-Plus Wines Drive Category Growth
Amid new evidence that wine is taking share from beer within the coveted millennial demographic, premium-and-above wine brands continue to thrive in the U.S. market, accounting for an outsized share of overall category growth. Continue reading →
Posted in News on August 14, 2017News Briefs for August 10, 2017
•Constellation Brands has bolstered its craft beer portfolio with the purchase of Oakland Park, Florida-based brewer Funky Buddha for an undisclosed sum. Continue reading →
Posted in News on August 10, 2017Charles Smith Debuts New Portfolio Company, Wines Of Substance
After selling a number of brands to Constellation last year in a $120-million deal, Charles Smith has rebranded his company as Wines of Substance. Continue reading →
Posted in News on August 9, 2017Craft Brewing and Distilling News for July 31, 2017
•After a challenging first quarter, Boston Beer showed signs of recovery in its second quarter ended in June, posting a revenue rise of 1% to $247.9 million on the same period last year. Continue reading →
Posted in News on July 31, 2017News Alert: Constellation Paid $60 Million For Napa’s Schrader Cellars
Wine Spectator has learned that Constellation Brands paid approximately $60 million when it purchased Napa Valley brand Schrader Cellars last month. Continue reading →
Posted in News on July 6, 2017News Briefs for July 6, 2017
•For the first time since 1909, Nelson’s Green Brier Distillery is selling whiskey produced on-site. Continue reading →
Posted in News on July 6, 2017