Constellation Takes the Gloves Off

Dear Client:Are we seeing the new face of Constellation Brands? In a switch in tone (which may or may not be related to the semi-retirement of Bill Hackett), Constellation is definitely flexing its muscles based on its margins and momentum with its distributors in presenting bold new changes to its distributor standards.In a brief memo to distributors from newly promoted CCO Bruce Jacobson and CSO Bill Renspie obtained by BBD, Constellation is putting forth new distributor standards "to better reflect