In particular, Hennessy Cognac has exploded in the U.S. in recent years, expanding by 1.5 million cases from 2013-2018 to reach 3.7 million cases and take a 61% share of the U.S. Cognac category, ...
and Martell Cognac, and the new parent has also taken control of the brand’s international expansion. A year later, in February 2023, Moët Hennessy took a majority stake in Château Minuty ...
Diageo, renowned for its spirit brands, is contemplating a spin-off or sale of Guinness, aiming to capitalize on its recent growth. Simultaneously, Diageo evaluates its stake in Moet Hennessy within ...
Diageo is considering a spin-off or sale of its beer brand Guinness while reviewing its stake in LVMH's Moet Hennessy. Possible actions include deepening ownership or exiting. LVMH is obligated to buy ...
(Bloomberg) -- Producers of Cognac and Champagne are seeking to ship more bottles to the US as they brace for potential extra tariffs under President-elect Donald Trump. LVMH’s Cognac brand ...
At Baku, a flight of three types of Hennessy costs $25. Similar to champagne, in order for a spirit to bear the name “Cognac,” it must meet very specific legal requirements. These requirements ...
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after ...
The Hook Creative has added international luxury brands Hennessy and Moët & Chandon to its portfolio after a fiercely competitive ...
Spirits industry to seek exemption from Trump's universal tariffs French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid import tariffs, staff briefed by ...
UBS analyst Zuzanna Pusz maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today. The company’s shares ...
Hennessy Cognac, meanwhile, was affected by logistical disruptions in the U.S. at the start of the year, but ultimately benefited from its focus on value over volume over the course of 2022, driving a ...