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Tag Archive: Hennessy

Hennessy’s U.S. Performance Boosts LVMH Amid Tough Global Conditions

Moët Hennessy saw global sales decline 23% to €2 billion ($2.4b) in its fiscal first half ended in June, as the disruption of the on-premise and travel retail markets hampered its progress. Continue reading →

Posted in News on July 28, 2020

Impact Databank: Cognac Projected To Reach All-Time High In U.S. This Year

After supply constraints slowed growth in the United States for a few years, Cognac’s momentum has accelerated again. Continue reading →

Posted in News on July 6, 2020

News Briefs for May 29, 2020

•Beam Suntory has updated the Jim Beam Augmented Reality App, now allowing users to share messages with friends and family that will play when a user scans the rosette on a bottle of Jim Beam White. Continue reading →

Posted in News on May 29, 2020

Moët Hennessy’s Full-Year Sales Rise 6% In 2019, Topping $6 Billion

Moët Hennessy posted full-year net revenues up 6% to €5.6 billion ($6.2b) in 2019, with profit from recurring operations also up 6%, to €1.7 billion ($1.9b), driven by premiumization in its Champagne unit and ongoing progress for Hennessy in the global market. Continue reading →

Posted in News on January 29, 2020

U.S. Market’s Top 25 Spirits Brands Gain Share, Led By Tito’s Surge

The leading players outpaced the overall spirits category in the U.S. market last year, with momentum driven by the ongoing expansion of Tito’s vodka as well as solid growth from a variety of other key brands. Continue reading →

Posted in News on January 2, 2020

Cognac Extends Its U.S. Gains As New Consumers Enter Category

Cognac continues to be a key growth driver in the U.S. spirits market, with volume projected to top 6.4 million cases on a 5.5% increase this year, according to Impact Databank. Continue reading →

Posted in News on December 19, 2019

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