Constellation Brands

Constellation Brands, E&J Gallo Winery deal delayed

21 May 2019

The sale of around 30 wine and spirits brands by Constellation to E&J Gallo has hit a regulatory hurdle in the US.

Constellation Brands buys majority stake in Nelson’s Green Brier Distillery

2 May 2019

Constellation Brands has increased its share in Tennessee-based whiskey maker Nelson’s Green Brier, as the distillery becomes the first venture capital investment to be fully integrated into Constellation’s wine and spirits portfolio.

"Declining craft trends" prompt closure of Constellation Brands' Ballast Point brewing sites

29 Apr 2019

Constellation Brands has confirmed to just-drinks its intention to close two brewing facilities in California for its Ballast Point craft brewer.

Constellation Brands takes minority stake in Mezcal El Silencio

16 Apr 2019

Constellation Brands has entered the mezcal category with a minority stake in Los Angeles producer Mezcal El Silencio.

Constellation's wine sale to Gallo – It had to be you – analysis

5 Apr 2019

In keeping with the wider wine strategy to pursue value at the expense of volume, Constellation Brands' divestment of around 30 lower-end brands this week comes as little surprise. Nor does the identity of the buyer, according to one analyst, with E&J Gallo "uniquely positioned" to take on Constellation's unwanteds.

Constellation Brands readies Pacifico push - CEO

5 Apr 2019

Constellation Brands has lined up increased investment for its "up-and-comer" Mexican beer brand Pacifico in the US market.

Constellation Brands low-value clear-out will hurt wine - just-drinks thinks

4 Apr 2019

At international trade exhibition ProWein last month, just-drinks spoke to Australia's Casella Family Wines. The independent company is an interesting proposition as it ably competes - like many family-owned wineries - in global fine wine, but at the same time packs in its portfolio the sub-US$5 blockbuster Yellow Tail, a brand that astonishingly accounts for the majority of Australian wine sold in the US.

How did Constellation Brands perform in fiscal-2019? - results data

4 Apr 2019

Constellation Brands has seen its top line rise by 7% for the second year in a row.

Constellation Brands offloads lower-end wines to E&J Gallo in US$1.7bn deal

4 Apr 2019

Constellation Brands has agreed to sell about 30 lower-end brands from its wine & spirits portfolio to E&J Gallo Winery as it looks to better align its business with premiumisation trends.

Constellation Brands' Corona Refresca - Product Launch

12 Mar 2019

Constellation Brands has given an official launch to Corona Refresca, the Corona brand's first flavoured malt beverage (FMB).

Constellation Brands switches chief compliance officer position for wine, spirits

27 Feb 2019

Constellation Brands has announced the internal appointment of a chief compliance officer for its wine and spirits division.

How Canopy Growth CEO Bruce Linton views the cannabis sector - Focus

22 Feb 2019

This week, Canopy Growth CEO Bruce Linton presented at the analyst conference CAGNY for the first time. Here's a round-up of what the biggest player in the emerging cannabis sector, and Constellation Brand's cannabis partner, had to say in Florida.

From cannabis to carbs - Ten innovation trends for 2019 - focus

21 Feb 2019

Earlier this month, GlobalData presented on what it believes will be the 'Ten Innovation Trends to Watch in 2019'. Here, just-drinks outlines the trends to watch for the drinks industry.

Constellation Brands buys Black Button Distilling stake

5 Feb 2019

Constellation Brands has acquired a minority stake in a New York-based craft distiller.

"We've still got a job to do" - just-drinks speaks to Diageo CEO Ivan Menezes

1 Feb 2019

Earlier this week, Diageo released its results for the second half of 2018. The group posted a 7.5% increase in sales from the six months to the end of December. Late yesterday, just-drinks spoke to Diageo CEO Ivan Menezes as he travelled between media interviews in London.

Where are all the female CEOs? Ask again in 2029 - Comment

29 Jan 2019

Last year saw a raft of CEOs from global drinks firms announce their intentions to either move on or retire. As the stories unfolded, it became clear that those of us hoping for more female leaders in the industry would potentially have to wait another ten years.

What's coming up in beer in 2019? - Predictions for the Year Ahead - Comment

22 Jan 2019

Our category commentators are all looking forward this month, sharing their forecasts for the year ahead. Next up, we have Stephen Beaumont with his thoughts on the next 12 months in the global beer category.

Canopy Growth prepares 'hemp industrial park' in New York

18 Jan 2019

Constellation Brands-backed Canopy Growth has been granted a licence by New York State to process and produce hemp.

Will the race to the top drown out the value end for wine? - just-drinks thinks

11 Jan 2019

Goodness me, they're all at it! Wine's major players all appear to be singing from the same hymn sheet, the title of which is 'Premiumisation'.

Constellation Brands mulls offload of lower-end wines

10 Jan 2019

The soon-to-be-CEO of Constellation Brands has confirmed the company is considering selling off some of its lower-end wine brands, after the segment dragged on the group's performance in the first nine months of fiscal-2019.

Constellation Brands' Q3 & fiscal-2019 to-date by category - results data

10 Jan 2019

Earlier this week, Constellation Brands reported a 9% increase in third-quarter sales, contributing to an 8.6% top-line lift in the nine months to the end of November. Here, just-drinks takes a closer look at the company's performance in the nine-month period on a by-category basis.

Beer continues to drive growth at Constellation Brands - YTD fiscal-2019 results

9 Jan 2019

Constellation Brands has reported a rise in sales for the nine months to the end of November, bolstered by its beer division.

UFC entry to spirits ring has lessons for industry and its celebrity infatuation - Comment

8 Jan 2019

September was a big month for spirits and the combat sport known as mixed-martial arts, or MMA. The Ultimate Fighting Championship (UFC), the biggest promoter in MMA, signed its first vodka partnership, with Nemiroff. A few days later Heaven Hill Brands came onboard with UFC through a partnership for its Blackheart Premium Spiced Rum.

FREE TO READ - What just-drinks said about the cannabis category - The review of 2018

21 Dec 2018

2018 will be remembered as the year the starting gun was fired for cannabis beverages as governments across the world loosened restrictions and companies got serious about investing in the category. Here's a rundown of the top ten cannabis stories on just-drinks during a historic 12 months.

The wine category in 2018 - just-drinks' Review of the Year, Part IV - FREE TO ACCESS

20 Dec 2018

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, managing editor Olly Wehring picks out the highs and lows for the wine category.

The spirits category in 2018 - just-drinks' Review of the Year, Part III - FREE TO ACCESS

19 Dec 2018

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, deputy editor Lucy Britner picks out the highs and lows for the spirits category.

The beer category in 2019 - just-drinks predicts

6 Dec 2018

In just-drinks' beer review of 2018, we looked back at the year just passed. But what is in store for 2019? We take a peek into our crystal ball to predict the biggest news and trends for the year ahead.

The beer category in 2018 - just-drinks' Review of the Year, Part I - FREE TO ACCESS

6 Dec 2018

As the end of the year approaches, just-drinks takes a four-part look at the stories that made the headlines in 2018 across the global drinks industry. In part I, news & insights editor Andy Morton picks out the highs and the lows for the beer category.

Brick Brewing in talks with cannabis firms over third-party beverage production - just-drinks EXCLUSIVE

4 Dec 2018

Brick Brewing is considering ways to produce cannabis-infused beverages for other companies, the brewer has told just-drinks.

Where can RTD and cider categories find future growth? - Research in Focus

30 Nov 2018

The world's RTD brands can benefit from a growing market over the next few years, but divergent trends involving premiumisation and health consciousness will create varied conditions in the category's major markets.