Jim Sabia, chief marketing officer of Constellation Brands’ beer division, has been promoted to a newly created role of executive vice president and CMO of the New York-based alcohol company. In a press release, Constellation Brands said Sabia, who joined the organization in 2007 as the vice president of the spirits division, would oversee all aspects of marketing across the company’s beer, wine, and liquor portfolios.
- BREWERY TYPE
- Production - Large
- Constellation Brands, Inc. (NYSE: STZ and STZ.B), based in Victor, New York, is a leading wine, beer and spirits company with a broad portfolio of premium brands. Constellation is the world leader in premium wine, the number one beer importer and the number three beer company in the U.S. The company’s brand portfolio includes Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico, Ballast Point, Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino, Jackson-Triggs, SVEDKA Vodka and Casa Noble Tequila.
- ANNUAL PRODUCTION
• Ballast Point Brewing Company
• Funky Buddha Brewery
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In this week’s edition of Last Call: International M&A heats up with Heineken, Pernod and Constellation; Rebecca Spicer to depart the NBWA; Michigan Senators vote to outlaw marijuana-infused alcoholic drinks; Sonoma County tallies the economic impact of Pliny the Younger; and more.
Ballast Point Brewing Company®, a pioneer in the craft beer movement in San Diego with a 20-plus-year history of supporting the art of homebrewing and developing high-quality, innovative, award-winning beer, opens brewpub in Chicago’s Fulton Market District. The highly anticipated brewpub is set to officially open Tuesday, May 15.
In this week’s edition of Last Call: Another brewery files for bankruptcy; Stone seeks to dismiss MillerCoors’ counterclaims; Tree House and Jester King announce expansion plans; BrewDog and Terrapin announce new hires; and more.
Over the last two years, brewery-owned taprooms and satellite retail outposts have emerged as both lucrative profit centers for emerging craft beer makers and an opportunities to deliver unique experiences to thirsty consumers. But as the number of taprooms has grown, so too have concerns about their impact on the three-tier system.
Constellation Brands reported its fiscal-year 2018 earnings on Thursday, which were highlighted by a 3 percent increase in total net sales, to more than $7.6 billion. Net sales of Constellation Brands’ beer brands — including Mexican import labels Corona, Modelo and Pacifico as well as craft breweries Ballast Point and Funky Buddha — increased 10.1 percent, to about $4.7 billion.
A pair of beer brands have inked sponsorship agreements with Major League Soccer’s LA Galaxy. Craft Brew Alliance today announced a “multi-year partnership” with the Galaxy for its Kona brand to become the club’s official craft beer. Specific financial terms of the sponsorship were not disclosed.
Aloha Sculpin IPA features a distinct yeast strain known as Saccharomyces “Bruxellensis” Trois, or Brux Trois, turning the flagship IPA into a tropical oasis with aromas and flavors of guava, mango, and pineapple without any fruit additions. While Belgian yeast strains are known for their clove and banana-like aroma, this strain bears exotic fruit aromas.
In this roundup of legal news: MillerCoors is attempting to block a former top executive from joining Constellation Brands; Bell’s loses a nearly 3-year-old trademark fight; and a federal judge is allowing a lawsuit filed by the son of Thelonious Monk against North Coast Brewing Co. to proceed.
Constellation Brands today announced that CEO Rob Sands has relinquished his role as “president,” appointing current chief operating officer Bill Newlands to the position. Sands will continue to serve as CEO, a press release noted.
Following a year of flat sales at off-premise retail in 2017, U.S. beer dollar sales increased 3 percent through the first four weeks of 2018, according to retail data provider IRI Worldwide. IRI, a Chicago-based market research firm that tracks category-wide sales trends at off-premise retailers, reported total U.S. dollar sales of about $2.2 billion through January 28 in its multi-outlet and convenience (MULC) universe of stores (grocery, drug, club, dollar, mass-merchandiser and military).
At the of January, Constellation Brands announced that its Corona Extra brand would become the exclusive import beer of the Kentucky Derby for the next two years. The deal, according to John Alvarado, Constellation’s vice president of marketing, was driven in part by the date of this year’s race: May 5 (Cinco de Mayo).
In this week’s edition of Last Call: Constellation Brands-owned Ballast Point announces plans to consolidate its operations in Miramar; Epic Brewing recalls a batch of beer; A-B releases its Bud Light “Dilly Dilly” ad; and more.
San Diego’s Ballast Point Brewing will open the first on-site brewery in Anaheim’s downtown Disney District at Disneyland Resort this fall. The Disney taproom is the seventh Ballast Point location in Southern California — and first in Orange County — for the Constellation Brands-owned craft brewery. The move is part of the beer company’s ongoing strategy to grow the Ballast Point brand through local outposts both in California and across the country.
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