Tag Archive: Meiomi
Constellation’s Sales Rise 5%, Led By Beer, Higher-End Wine Brands
Constellation Brands posted sales up 5% on an organic basis to $2.37 billion in the three months through August, representing its fiscal second quarter, with its beer business in double-digit growth and its upscale wine portfolio led by The Prisoner, Kim Crawford, and Meiomi contributing solid momentum. Continue reading →
Posted in News on October 6, 2021Wines Above $15 Drive Retail Gains, But Overall Volumes Slip On Tough Comps
Tough comparisons against last year’s pandemic-driven surge are weighing on the drinks industry’s retail growth, with spirits, wine, and beer all seeing a slowdown. Continue reading →
Posted in News on August 24, 2021Impact Databank: U.S. Wine Volume Projected To Decline In 2021, But Premium Brands Make Strides
After 27 consecutive annual gains, the wine industry in the United States is expected to suffer a 0.5% volume decrease this year, down to 335.4 million 9-liter cases—according to the recently released 2021 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on July 28, 2021News Briefs for September 30, 2020
•Constellation is extending Meiomi with a Cabernet Sauvignon. Continue reading →
Posted in News on September 30, 2020California Winemakers Focus On Affordable Luxury
California winemakers have been making strides in the affordable luxury segment of wines retailing at the $15-and-above tier lately, an area that appears ripe for further progress even amid the current difficult conditions. Continue reading →
Posted in News on April 10, 2020Constellation Sharpens Focus On Core Wine And Spirits Brands
With its pending $1.7 billion sale of 34 lower-end wine and spirits brands to E.&J. Gallo slated to close by the end of February, Constellation Brands has refocused its wine and spirits portfolio around a core of premium and above labels. Continue reading →
Posted in News on October 9, 2019