Constellation Brands’ wine and spirits net sales fell 26% in the first half of its fiscal year, although organic net sales rose 12% after excluding the impact of divested businesses. Read More
Constellation Brands
Warren Buffett’s Berkshire Hathaway invested US$1.24 billion in Constellation Brands in the fourth quarter of 2024, marking the first time the billionaire’s firm has taken a stake in the global alcohol company. Read More
Shares of major alcohol companies fell after U.S. Surgeon General Vivek Murthy linked alcohol consumption to cancer risks and called for warning labels on alcoholic beverages. Read More
Continuum, the grand vin made from a blend of Cabernet Sauvignon, Cabernet Franc, Merlot and Petit Verdot, was for a long time the singular focus of Tim Mondavi, who learned from past experiences not to dilute brand identity.
Read More
Leading wine importer ASC Fine Wines has signed a major deal with American drinks giant, Constellation Brands Inc., to exclusively import and distribute its crown jewel wine brand, Robert Mondavi, in mainland China. Read More
Constellation Brands, the American drinks giant, has signed a new distribution deal in mainland China for its Robert Mondavi Private Selection, a range of wines aged in bourbon barrels, injecting a dose of confidence in the embattled Chinese market. Read More