Constellation Sees “Upturn” in Premium Wine Growth

Dear Client:This is according to Constellation Wines US evp and cco, Jay Wright, who spoke at the company’s investor conference today. He noted that “wine growth has slowed a bit due to a challenging economic environment,” but that they’ve started to see some positive changes in the past couple of months. “The great news is within the past 6-8 weeks we’re starting to see an upturn in premium wine growth as it accelerates beyond value wines. To me this is