Tag Archive: Hennessy
Moët 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 September 29, 2020
•Hennessy Cognac has teamed with architect Frank Gehry and artist Cai Guo-Qiang to celebrate the 150th anniversary of Hennessy X.O. Continue reading →
Posted in News on September 29, 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, 2020Impact 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, 2020News 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, 2020Moët 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
