
Constellation Brands reported in July that its first-quarter profits slid 85 percent compared with the same period last year. It was the latest in a series of grim announcements from the world’s largest wine company by volume, which owns brands such as Mondavi, Clos du Bois and Ravenswood, and has been restructuring after a decade of growth and acquisitions.
For the full article, check out the new issue of Wine Spectator, on newsstands August 24, 2009.
Do you have a Wine Spectator magazine subscription? Save 50% on your Online Membership right now!
Sips & Tips | Wine & Healthy Living
Video Theater | Collecting & Auctions
» View samples
» Or sign up now!
» Manage my newsletter preferences

The marketplace for all your wine needs, including:
Wine Storage | Wine Clubs
Dining & Travel | Wine Auctions
Wine Shops | Wine Accessories