Constellation, which specializes in Mexican brews, has been coping with canned-beer tariffs that started in April.
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Funds that invest in “morally questionable” industries are doing better than others amid market volatility this year.
In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.
Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.