Daily Archive: January 29, 2025
Moët Hennessy Sales Slip 8% In 2024, Amid “Ongoing Normalization”
Moët Hennessy saw revenues decline 8% organically to €5.9 billion ($6.2b) in 2024, with profit falling 36% to €1.4 billion ($1.5b), the latter negatively impacted by foreign exchange fluctuations. Continue reading →
Posted in News on January 29, 2025Treasury Americas Names Lukic President, Luxury Sales And Marketing
Treasury Wine Estates Americas has appointed Neb Lukic as president of luxury sales and marketing as the company continues to expand its presence at the higher end of the wine market. Continue reading →
Posted in News on January 29, 2025Rémy Cointreau Sales Fall, But U.S. Depletions Improve
Rémy Cointreau posted sales down 18% to €788 million ($819m) in the first three quarters of its fiscal year, but the company noted that depletions improved in the U.S. in the three months through December. Continue reading →
Posted in News on January 29, 2025News Briefs for January 29, 2025
•Johnson Brothers, the fourth-largest wine and spirits distributor in the U.S. with estimated revenues of $3.3 billion, according to Shanken’s Impact Newsletter, has appointed Diageo veteran Jack Edwards as president. Continue reading →
Posted in News on January 29, 2025
