Dear Client:Constellation Brands' wine and spirits business has been reporting lackluster results recently. As such, one of the company's top priorities this year is to optimize its wine and spirits business, which includes rationalizing the low-end of the portfolio, said incoming ceo Bill Newlands during yesterday's CAGNY presentation. You may recall, Constellation was reportedly looking … Continue reading "Constellation’s Plans for the Low End: “Sell it, Discontinue it or Milk it”"