Tag Archive: Woodbridge

Constellation Posts Full-Year Sales Up 2% Despite “Softer Consumer Demand”

Yesterday, SND reported that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook’s, Simi, and J. Rogét sparkling wine along with related California facilities. Continue reading →

News Alert: The Wine Group To Acquire Constellation Wine Labels Totalling 12 Million Cases

Constellation Brands has taken another big step in streamlining and premiumizing its wine stable, selling a 12-million-case portfolio of mostly mainstream brands to The Wine Group for an undisclosed sum. Continue reading →

Constellation Said To Be Exploring More Lower-End Wine Divestitures

Constellation Brands Faces Up To $2.5 Billion Write-Down for Wine and Spirits Portfolio

Constellation Brands has revised its financial forecast for fiscal year 2025, citing considerable challenges faced by the company’s wine and spirits brands. Continue reading →

Constellation Names Company Veteran Sam Glaetzer To Lead Wine & Spirits Division

In case you missed yesterday’s news alert, Constellation Brands has promoted from within to find new leadership for its wine and spirits division, with company veteran Sam Glaetzer filling the role previously held by Robert Hanson, who departed at the end of last month. Continue reading →

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 →