Tag Archive: Hennessy

Moët Hennessy Sales Dip In Q1, But Hennessy’s U.S. Depletions Return To Growth

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 →

Cognac’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 →

Interview, 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 →

Moët 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 →

Moët Hennessy, Rémy Cointreau Aim For Gradual Recovery In Cognac

After a dramatic downturn in Cognac over the past two years, top players Moët Hennessy and Rémy Cointreau are seeing some green shoots in the category, while noting that trade inventory levels continue to be high and buyers remain cautious. Continue reading →