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, March 18th

Founding Winemaker James Hall Buys Back Patz & Hall from Ste. Michelle Wine Estates: James Hall, the founding partner and winemaker, has repurchased Patz & Hall winery from Ste. Michelle Wine Estates, which has owned the winery since 2016...