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Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales ...
As Roth MKM analyst Bill Kirk noted, the company — the parent of the Modelo, Corona, Pacifico and Victoria beer brands — imports approximately 100% of its beer from Mexico, representing about ...
Modelo Especial Lager, which has overtaken Bud Light as the top selling beer in the US, is imported from Mexico by parent company Constellation Brands. If the entire cost of the tariff is ...
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Trump Tariffs On Mexico Could Affect Beer: Why Your Modelo, Corona Could Cost More Next YearData from Statista lists Modelo as the top imported beer in the United States for 2024, with Corona ranking second on the list. Heineken and Dos Equis XX, which are imported by Heineken USA ...
Bud Light was the highest selling beer last year but was dethroned by Modelo Especial after a collaboration with social media influencer Dylan Mulvaney sparked controversy. As one Anheuser-Busch ...
A spending pullback by Hispanic shoppers is emerging as a major factor in slowing US beer sales, especially for brands that have long relied on that consumer group. Just eight of the top 25 beer ...
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States. "We stand ...
As Roth MKM analyst Bill Kirk noted, the company - the parent of the Modelo, Corona, Pacifico and Victoria beer brands - imports approximately 100% of its beer from Mexico, representing about 86% ...
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