

Afternoon Brief: Constellation Brands Repositions Wine and Spirits Business to a Portfolio of Exclusively Higher-growth, Higher-margin Brands Aligned to Consumer-led Premiumization Trends
Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it has signed an agreement with The Wine Group to divest primarily mainstream wine brands and related vineyards and facilities from its wine portfolio...


Afternoon Brief, June 10th
Warren Winiarski, Famed Napa Valley Winemaker, Dies at 95: Warren Winiarski, co-founder with his wife Barbara of the famed Stag's Leap Wine Cellars, passed away June 7, 2024, as he was preparing for his 60th harvest in the Napa Valley...
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Afternoon Brief, May 30th
Federal Judge Rules Provi’s Antitrust Case Against Southern Glazer’s and RNDC Will Proceed: Today, a federal judge ruled the antitrust complaint filed by Provi, the largest online marketplace for the beverage alcohol industry, against the nation’s two largest wine and spirits distributors, Southern Glazer’s Wines and Spirits (Southern) and Republic National Distributing Company (RNDC), will move forward as the court denied a Motion to Dismiss “in its entirety” filed by the defendants...
