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The efforts to reach the Latino community and their wallets over the years have paid off: In 2023 Modelo scored a major coup, becoming the most popular beer in the U.S., beating out Bud Light.
Two cans of Modelo beer on ice. - Steve Cukrov/Shutterstock Interested in the story behind Modelo beer? It's no straightforward tale; ownership of the company is one mad whirlwind.
Hispanics account for about half of its beer sales. Bill Newlands, CEO of Constellation Brands, said during an earnings call Wednesday ICE raids were making it hard to predict consumer spending ...
ICE raids have hurt beer demand for Corona’s parent company. Its search for sales elsewhere could hit these obstacles.
The international producer of beer, wine, and spirits looked like a no-brainer for many investors. But behind the scenes, ...
Modelo Especial, the flagship brand of Mexico City-based Grupo Modelo, is now the best-selling beer in the U.S., bumping Bud Light from the top spot shortly before the July 4th birthday party.
Modelo and Corona owner Constellation Brands (STZ) is warning about the impact President Trump's immigration crackdown is ...
BRUSSELS (Reuters) -The Mexican arm of Anheuser-Busch InBev has accused Constellation Brands in a lawsuit of a second breach of their deal allowing Constellation to sell Mexican beers in the United ...
Ultimately, it all yielded that immediate green light from Modelo. “Everybody was so on board to respect the visual legacy of the beer, and open to something new,” Melo says.
In this photo illustration, bottles of Modelo Especial beer sit on a table on June 14, 2023 in Los Angeles, California. (Mario Tama/Getty Images)) In April 2024, Salvador Gutierrez got a big surprise.
In February, Modelo filed a legal challenge in the same court over Constellation's Corona Hard Seltzer, a sparkling water with alcohol flavouring, one of several seltzer drinks that have become very ...
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