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Constellation Brands May Sell Cheap Wine Brands to Gallo: Constellation Brands may sell off some of its lower-end wine brands to Gallo Winery, according to CNBC. The report comes after Constellation said last month that it may sell up to 40% of its wine brands because they are underperforming...
The rosé trend still shows no sign of slowing with its third consecutive year with over fifty percent growth. According to Nielsen retail outlet data the rosé category grew 64% over the last twelve months, but unlike a year ago domestic rosé is now outpacing imports growing at 112% compared to 42.8% growth for French rosés. This marks a significant turnaround from a year ago when domestic producers were trailing overall category growth. However, French rosés continue to hold the dominant market share with 60% of the rosé category measured by dollar value.