STZ witnesses softness in the wine and spirits segment due to shifting consumer preferences and competitive pressures while its beer business remains resilient.
Constellation Brands (STZ.N), opens new tab said on Tuesday it would sell its Svedka vodka to New Orleans-based Sazerac, as the Corona beer maker looks to focus on its premium wine and spirits ...
(Reuters) - Constellation Brands said on Tuesday it would sell its Svedka vodka to New Orleans-based Sazerac, as the Corona beer maker looks to focus on its premium wine and spirits business.