Constellation

Summary: Constellation Brands, the owner of Mexican beer brands Corona and Modelo, is experiencing a decline in sales due to President Trump’s strict immigration policies. Deportation threats and potential job losses among Hispanic populations, who make up half of the…

Constellation Brands Announces Departure of Chief Customer Officer Constellation Brands has confirmed that Bill Renspie has stepped down from his role as the chief customer officer of the company’s beer division, where he most recently served. A search for his…

Exciting News: Constellation Brands’ venture capital arm has recently acquired a minority stake in Hiyo, a nonalcoholic “social tonic” that includes a mix of functional ingredients such as adaptogens, nootropics, and botanicals. John Utter, Constellation’s senior vice president of new…

Key Takeaways: Constellation Brands is focusing on its Mexican beer offerings as its wine and spirits division experiences significant declines, according to CEO Bill Newlands during the recent earnings call. Pacifico, Modelo Especial, and Modelo’s Chelada brews saw sales growth…

The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…