Tag: Constellation Brands
Afternoon Brief, May 13th
Constellation Invests in Donae Burston’s La Fête du Rosé: The North American drinks giant deal for a piece of the growing Provence rosé brand is Constellation's first in a new commitment to invest $100 million in minority-owned businesses by 2030...
Afternoon Brief, April 16th
Controversy as Gallo Seeks East Coast Foothold: E & J Gallo is offering South Carolina legislators a $400 million investment slated to create at least 300 new jobs and give the wine giant a retail outpost on the East Coast...
Afternoon Brief, April 9th
Constellation’s Wine Premiumization Strategy Is Starting to Pay Off: Constellation’s STZ +0.2% sell-off of its lower-priced wine brands to E&J Gallo seems to be paying off in terms of promoting their “premiumization” strategy in the wine arena...
Afternoon Brief, April 8th
Four Women Say Windsor Mayor Dominic Foppoli, ‘Prince’ of Wine Country, Sexually Assaulted Them: In the summer of 2019, Rose Fumoso left her home in southern France to intern at a Sonoma County winery, where the 21-year-old greeted customers in the tasting room and assessed the ripeness of grapes from the vineyard. As the season wound down in September, a friend invited Fumoso to a party celebrating the end of harvest...
Afternoon Brief, April 7th
The Bollinger Family to Acquire Ponzi Vineyards: The Bollinger family, owners of iconic Champagne Bollinger in addition to four other historic estates in France, announce the upcoming acquisition of their first winery in the United States, with the purchase of Oregon’s famed Ponzi Vineyards...
Afternoon Brief, April 2nd
Napa’s Wine Industry Seeks Legislative Aid for Labor, Fire Concerns: Napa Valley’s wine industry is asking the government at all levels to help it recover from economic and labor issues exacerbated by the chaos of 2020...
Afternoon Brief, March 31st
Constellation Brands Announces Establishments of a Dedicated Fine Wine & Craft Spirits Business Unit: Constellation Brands, Inc., a leading beverage alcohol company, today announced the promotions of three leaders in the company’s wine and spirits division and the establishment of a dedicated business unit focused on its Fine Wine & Craft Spirits brands...
Afternoon Brief, March 19th
Duckhorn Eyes Potential for More Winery Acquisitions Following IPO: Napa Valley wine executive Alex Ryan isn’t done making a splash with the Duckhorn Portfolio...
Afternoon Brief, March 12th
Pandemic Rules Loosened for California Breweries, Wineries and Distilleries: Breweries, wineries and distilleries will soon be allowed to operate outdoors statewide — even if they don't serve food — in the latest loosening of California's coronavirus business restrictions...
Afternoon Brief, March 11th
Virtual 2021 Sonoma County Barrel Auction Presented by American Agcredit, Registration Open: Sonoma County Vintners announces the seventh annual Sonoma County Barrel Auction, presented by American AgCredit, is open for registration...
Afternoon Brief, March 5th
U.S. and Europe Will Suspend Tariffs on Alcohol, Food and Airplanes: The governments agreed to temporarily suspend tariffs on billions of dollars of products as they search for a settlement to a long-running clash over subsidies given to Airbus and Boeing...
Afternoon Brief, March 2nd
SipSource Issues 2020 Annual Report Detailing Improved Depletion Trends in 2020 and Predicting "COVID Hangover" in 2021: SipSource, the first and only source for wine and spirits distributor depletion data, today announced the issuance of its 2020 Annual Report that identifies wine and spirits trends and explores commercial and consumer trends during the COVID-19 pandemic...
Afternoon Brief, February 23rd
Sonoma County Winery Event Permit Meeting Leaves Vintners Frustrated with Process: Last Thursday’s virtual forum organized by Sonoma County’s Permit Sonoma to ostensibly open up conversation about event permitting for wineries in Sonoma County, had over 200 stakeholders taking time out to participate, but many vintners felt it was a charade...
Afternoon Brief, February 16th
Pandemic, Northern California Fires Could Complicate Wine Business Financing, Lenders Say: Second-generation vintner Hugh Davies is disappointed he didn’t hit last year’s business performance goals for Schramsberg Vineyards in upper Napa Valley...
Afternoon Brief, February 12th
USTR Announces No Revisions in Airbus Tariffs: Is the Tumbler, Goblet, and Pint Half-empty or Half-Full?: The Office of the United States Trade Representative (USTR) announced in a Notice for publication in the Federal Register on February 12, 2021, that it would propose no revisions to the existing retaliatory tariffs on goods from the EU in the Airbus trade dispute...
