Constellation Ups Marketing, Innovation for Wine & Spirits Biz (Including Cans)

Dear Client:Constellation Brands' wine and spirits business reported a net sales decrease of nearly 8% for the first quarter ended May 31. That performance was dragged down by its low-end brands that are part of the pending sale to E&J Gallo. ON THE DELAYED GALLO DEAL. Earlier this year, E&J Gallo agreed to purchase more than 30 wine and spirits brands from Constellation for a cool $1.7 billion. But last month, Constellation announced the FTC requested additional information, delaying the