Constellation Brands Considered Selling Off Its Entire Wine Portfolio: What It Means for the Industry
Constellation Brands is reportedly considering selling its entire wine portfolio, following a significant slump in sales. The company, based in New York and owner of over 100 brands—including well-known names like Robert Mondavi and Meiomi—has encountered difficulties in its wine division in recent years. Recent reports indicate that wine sales fell by 14% year-on-year during… Read More »