Kitsap wineries part of state’s trend bucking industry

Kitsap wineries part of state’s trend bucking industry

Wine industry data for the past couple of years has shown a downturn.

Constellation Brands Sells Meiomi, Woodbridge, and More Major Wine Brands to The Wine Group

For the past several months, rumors circulated regarding Constellation Brands’ potential plans to exit the wine industry as the company continues to see the majority of its success in its Mexican beer brands. On Wednesday, the Rochester, N.Y.-based brand confirmed these rumors, announcing an agreement to sell a major portion of its wine portfolio to Livermore, Calif.-based The Wine Group. The deal is expected to close following the end of Conste…

Major Wine Industry Shakeup: Constellation Brands Dumps Mainstream Labels for Luxury Focus

Strategic divestment of mainstream wine brands to The Wine Group positions Constellation for premium market dominance. $200M annual savings expected. See transformation details.