Consternation Brands and US Surgeon General

Consternation Brands and US Surgeon General

Constellation shines bright Constellation Brands is doing very well. Its board has authorised a new share repurchase program of up to US$1 billion ($1.35 billion) of the company’s common stock to be utilised over time. It already has a US$1 billion program underway, so adding another should make those shareholders intending to stay long term […]

Hot air, Virginia is for lovers, Penfolds and politics

Hot air, Virginia is for lovers, Penfolds and politics

Winds of change An article in The Sydney Morning Herald quoted Mitchell Taylor, managing director of Taylors Wines, on wine taxation. Apparently Australia is “still the highest taxed wind-producing country in the world.  For us to go into the global economy and compete, we really do need government to support us.” Always a lot of […]

Constellation in Canada & Pernod in China

Constellation in Canada & Pernod in China

Constellation floating in Canada News is circulating that Constellation Brands is getting closer to floating its Canadian wine business and has put a value of C$1 billion ($1.05 billion) on the business. It’s said the company will list on the Toronto Stock Exchange in the autumn. It will join Corby Spirit and Wine Ltd (CSW), […]

UK Climate change, Constellation Brands, India

UK Climate change, Constellation Brands, India

Burst the bubble A recent report, Impact of recent climate change and weather variability on the viability of UK viticulture – combining weather and climate records with producers’ perspectives, by A Nesbitt, B Kemp, C Steele, A Lovett and S Dorling, from the School of Environmental Sciences, University of East Anglia, Norwich, England, might burst […]