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Jun 2003 Issue of Wine Business Monthly
During April, Mondavi announced that it lost 10 cents per share, Mondavi's stock price promptly rebounded from the beating it took in March. On April 1, Southcorp's CFO Peter Cleaves followed former CEO Keith Lambert out the door. Southcorp announced retired retail brand expert John Ballard as successor in late March. Southcorp terminated its UK distribution-deal with Constellation on April 14. Constellation finalized its acquisition of BRL Hardy with an SEC 8-K filing on April 9. UST released i...
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