Tag Archive: Kim Crawford
Constellation Downgrades Outlook For Wine & Spirits, Division President To Depart
In case you missed last night’s news alert, Constellation’s president for wine and spirits Robert Hanson will step down at the end of February, with company CEO Bill Newlands set to lead the unit on an interim basis until a permanent successor is found. Continue reading →
Posted in News on January 5, 2024Exclusive: U.S. Wine Market Dips 2% By Volume, But Sees First Value Increase Since 2020
With the U.S. wine market facing uncertain economic conditions and increased competitive pressure from other drinks categories, total volume decreased an estimated 2% to 322 million 9-liter cases in 2023, according to Impact Databank. Continue reading →
Posted in News on January 3, 2024Exclusive: California, Italy, New Zealand Lead “Hot Prospect” Wines
Each year Impact’s “Hot Prospects” list recognizes the up and coming smaller brands poised to make their mark on the industry looking ahead. Continue reading →
Posted in News on September 8, 2023Constellation’s Full-Year Sales Reach $9.45 Billion On 7% Growth
Constellation Brands has posted sales up 7% to $9.45 billion for its fiscal year ended in February, with operating income rising 3% to $3 billion on a comparable basis. Continue reading →
Posted in News on April 6, 2023Impact Databank: New Zealand Wine Weathers Supply Challenges, Bolsters U.S. Import Market
As the overall U.S. wine industry continues to lose volume—with even sparkling wines and wine-based cocktails slowing lately—the New Zealand category remains a bright spot. Continue reading →
Posted in News on March 6, 2023Constellation’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, 2023
