Tag Archive: Hennessy
Moët Hennessy Sales Rise 6% On Strong Cognac Growth
Moët Hennessy posted a 6% organic sales increase to €4.6 billion ($5b) in 2015, with growth driven by a double-digit gain for Hennessy Cognac in the U.S. and “an excellent performance in Europe, the United States and Japan” for its Champagne unit, company said. Continue reading →
Posted in News on February 3, 2016Exclusive: Moët Hennessy USA Re-Ups With Southern In Key States, But Sheds Doubt On Becoming 100% Aligned
Moët Hennessy USA has renewed its distribution agreements with Southern Wine & Spirits in the key states of California, Florida, Illinois, Nevada, Washington, Kentucky, Hawaii, Indiana, South Carolina, Oregon (for wine only) and Alaska, as well as 17 control markets. Continue reading →
Posted in News on January 20, 2016In A Category Dominated By Hennessy, Newcomer D’Ussé Cognac Is Rising Fast
The resurgent U.S. market’s Cognac sales were propelled by category leader Hennessy’s 9% gain last year, but smaller brands have been making significant advances—including a newcomer from Bacardi, a company not known for its presence in Cognac. Continue reading →
Posted in News on December 11, 2015Interview: Jim Clerkin, President And CEO, Moët Hennessy North America
With the pivotal holiday selling period now upon us, wine and spirits marketers are looking to make the most of every opportunity. Always among the most prominent players at this time of year is luxury titan Moët Hennessy—with U.S. volume of 4.9 million cases, according to Impact Databank—whose upscale stable is heavily geared toward celebratory and gifting occasions. Veteran drinks executive Jim Clerkin has helmed the French company’s U.S. business since 2010, and added Canada and Mexico to his purview on November 1, taking the title of president and CEO, Moët Hennessy North America. SND senior editor Daniel Marsteller recently met with Clerkin to discuss the holiday outlook. Continue reading →
Posted in News on December 3, 2015Impact Databank: Cognac To Crest 4 Million Cases In The U.S. This Year For First Time
In recent years, the Cognac category has seen a gradual rebound from the economic downturn of 2008-2009, but lately its progress has accelerated markedly. Continue reading →
Posted in News on October 26, 2015Hennessy’s Upswing Accelerates As Brand Crosses 2.5 Million Cases In U.S.
Moët Hennessy’s flagship Hennessy Cognac brand continues to see dynamic progress on top of an already large base in the U.S. market. Continue reading →
Posted in News on October 20, 2015
