Constellation Brands | CONSTELLATION BRANDS INVESTS IN FEMALE-FOUNDED ECO-FRIENDLY WINE BRAND GEARED TOWARD NEW…
Summary
To offer wines from the most renowned regions around the world from Provence to Casablanca Valley they created the Traveling Vineyard by partnering with small, adventurous winemakers who preserve terroir and approach viticulture with craftsmanship and deep respect for the environment. Driven by the idea of connecting to wine consumers through humor, actress and producer Elizabeth Banks joined the team as an investor and chief creative officer.Marian, Elizabeth, and the team have created something truly unique in Archer Roose, making luxury wine distinctively fun and accessible for contemporary consumers who are curious about exploring the category, said Mallika Monteiro, executive vice president and chief growth, strategy, and digital officer at Constellation Brands. You can also enjoy Archer Roose at new heights through their partnership with JetBlue.Constellations Focus on Female Founders initiative is designed to make meaningful investments in female-founded and female-led businesses doing disruptive and innovative work across the beverage alcohol industry. Female-founded companies also hire more women and help close the pay gap3.1 According to data from Pitchbook, an M&A, private equity and VC database2 According to June 2018 BCG Why Women-Owned Startups Are a Better BetThis news release contains forward-looking statements. All forward-looking statements speak only as of the date of this news release and Constellation Brands does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation Brands filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2022, its Quarterly Report on Form 10-Q for the fiscal quarter ended May 31, 2022, and its Registration Statement on Form S-4, as amended from time to time, which could cause actual future performance to differ from current expectations.At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For.