Tag Archive: Hennessy
Moët Hennessy Sales Turn Positive In Third Quarter
Moët Hennessy saw sales return to growth in the third quarter, rising 1% organically on improved trends in its Champagnes & Wines division. Continue reading →
Posted in News on October 15, 2025Moët Hennessy Sales Dip In Q1, But Hennessy’s U.S. Depletions Return To Growth
Moët Hennessy saw first-quarter sales slip 9% organically to €1.3 billion ($1.5b) in the three months through March, as the company cited “ongoing normalization of demand” as impacting its results. Continue reading →
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, 2025Cognac’s Leading Players Plot Category Rebound
Cognac has seen its share of challenges lately, impacted not only by slower drinks consumption overall but also a marked migration of consumers toward Tequila, which continues to attract more multicultural fans. Continue reading →
Posted in News on December 18, 2024Interview, Part 1: Chris Gabaldon, President, Moët Hennessy North America
Luxury industry veteran Chris Gabaldon took the helm of Moët Hennessy North America earlier this year amid a tumultuous time in the drinks business. Continue reading →
Posted in News on December 4, 2024Moët Hennessy Sales Down 8% Through Three Quarters, But Hennessy Returns To U.S. Growth
Moët Hennessy has posted sales 8% down on an organic basis to €4.2 billion ($4.6b) for the nine months through September, citing ongoing normalization in the drinks market and soft conditions in the U.S. and China. Continue reading →
Posted in News on October 16, 2024