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Maker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fears - The company’s beer sales ...
Constellation Brands missed Wall Street’s estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand ...
Constellation Brands missed Wall Street’s estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand and paid higher aluminum tariffs.
AB InBev's Grupo Modelo has resolved a trademark lawsuit that accused its U.S. distributor Constellation Brands of breaking their licensing agreement by selling unauthorized bourbon- and tequila ...
Anheuser-Busch InBev’s Grupo Modelo business unit has invested $300m towards the construction of a corn processing plant in Mexico. Give your business an edge with our leading industry insights. Give ...
Demographics is destiny, but for beer A decade ago, Modelo wasn’t even a top-10 beer, but it has climbed up the ranks. In 2018, Modelo was America’s seventh-top beer in chain retail by dollars.
Anheuser-Busch InBev, the maker of Bud Light, began to see the writing on the wall a decade ago. In 2012, the company sought to acquire Grupo Modelo, which brews Modelo and Corona.
The controversy over transgender influencer Dylan Mulvaney helped Modelo Especial overtake Bud Light as America’s No. 1 beer, but the Mexican lager’s rise is no fluke.
In 2012, Anheuser-Busch announced it planned to acquire Grupo Modelo, Mexico’s largest brewer responsible for beers that included Modelo, Corona and Pacifico. The U.S. Justice Department filed a ...
Modelo controlled 8.4% of U.S. grocery, convenience and liquor store sales; Bud Light fell to 7.3%. Grupo Modelo, the Mexican brewer, is owned by Anheuser-Busch InBev, the same parent company of ...
Constellation Brands announced in June 2013 that it had completed its acquisition of Grupo Modelo’s U.S. beer business from AB InBev for about $4.8 billion.
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