Tag Archive: Kim Crawford
Depletions Rise For Constellation’s Reshaped Wine And Spirits Portfolio
Constellation Brands posted net organic sales of $2.48 billion for fiscal second quarter ended in August, down 15%, as the company’s beer business has slowed this year. Continue reading →
New Zealand Wine Remains Resilient, Outpacing The Market
While table wine imports suffered a third straight annual volume decline in 2024, brands from New Zealand eked out yet another gain, according to the 2025 edition of The U.S. Wine Market, Shanken’s Impact Databank Review & Forecast. Continue reading →
Impact Databank: U.S. Spirits Volume Expected To Surpass Wine This Year
After being severely impacted by the pandemic, the wine industry in the U.S. continues to face increased pressure from spirits—particularly RTDs and to a lesser extent Tequila—as well as uncertain economic conditions, and imports may be affected further by impending tariffs. After a 3% wine consumption volume decline in 2024, a further 4% decrease is projected this year, according to the 2025 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Constellation’s Reshaped Wine & Spirits Portfolio Rises 2% In First Quarter
Constellation Brands saw overall sales decline 4% organically to $2.5 billion in its fiscal first quarter ended in May, weighed down by slowing beer sales and large divestitures on the wine and spirits side over the past year. Continue reading →
Posted in News on July 2, 2025Interview: Sam Glaetzer, President Of Constellation’s Wine & Spirits Division
Constellation Brands has been on a long-term drive to reshape its wine and spirits portfolio with a focus on upscale labels that can capitalize on current consumer trends. Continue reading →
Wine Dollars Slip 4.5% Off-Premise Year-To-Date
The U.S. wine market’s decline in the off-premise accelerated in the four-week period ending May 12 in both volume and value terms, according to IRI/Circana. Continue reading →
Posted in News on June 4, 2025
