Tag Archive: Moet Hennessy
Moët Hennessy Takes 50% Stake In Armand de Brignac Champagne
Moët Hennessy has acquired a 50% stake in Champagne house Armand de Brignac, making the international luxury giant an equal partner with rapper and entrepreneur Jay-Z. Continue reading →
Posted in News on February 22, 2021Moët Hennessy Sees Second-Half Recovery, Led By Cognac
Following a steep decline in its fiscal first half owing to the pandemic, Moët Hennessy saw a recovery in the six months through December, driven by the U.S. and China. Continue reading →
Posted in News on January 27, 2021News Briefs for October 16, 2020
•For its fiscal third quarter, Moët Hennessy Louis Vuitton reported that organic revenue for its wine and spirits portfolio was down 3% to €1.36 billion ($1.6b), with the portfolio beginning to recover after a challenging first half. Continue reading →
Posted in News on October 16, 2020Belvedere Extends Concept Of Vodka Terroir With Heritage 176 Release
Moët Hennessy-owned Belvedere has long looked to differentiate itself by bringing the concept of terroir to the vodka category. Continue reading →
Posted in News on September 14, 2020News Briefs for July 31, 2020
•Moët Hennessy has thrown its weight behind an initiative to support the on-premise as the founding national partner of DineOut NYC, a program aimed at helping restaurants expand outdoor dining capabilities in line with New York’s current phase of reopening, which allows outdoor dining but precludes indoor dining in the city. Continue reading →
Posted in News on July 31, 2020Hennessy’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
