Constellation Brands news and trends

D2C Brands Win With High-Income Shoppers
eCommerce // January 30, 2024

As direct-to-consumer brands look to drive customer acquisition, high earners are their best customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

BNPL Finds Traction in Unexpected Niches and Subscription Services 
Buy Now Pay Later // January 29, 2024

People using buy now, pay later (BNPL) are favoring these options and incorporating them into their financial choices. This growing trend has led BNPL providers to discover unexpected success in categories they may not have initially anticipated, creating new avenues for revenue in the process. ...

22% of Consumers Use BNPL for Alcoholic Beverage Payments
Buy Now Pay Later // January 26, 2024

As consumers look for ways to afford the alcoholic beverages they want, a share of buy now, pay later users are paying for their beer, wine and spirits in installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
Earnings // October 05, 2023

As consumers deal with inflation and other economic challenges, Constellation Brands is seeing shoppers make more frequent alcohol purchases but buying less per trip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Quick Reads
Energy Drink Maker Monster, Corona Beer Owner in Merger Talks

February 15, 2022
Monster Beverage and Corona brewer Constellation Brands are talking about combining companies, Bloomberg reported Monday (Feb. 14), citing sources familiar with the situation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Coca-Cola Exploring Cannabis-Based Drinks

September 18, 2018
Coca-Cola is taking a close look at the cannabis drinks market, which uses the non-psychoactive chemical in marijuana to make wellness drinks. Get the Full Story Complete the form to...

Corona’s Parent Company Gets Into Pot

October 31, 2017
Constellation Brands, a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation, the world’s largest publicly...