Tag Archive: LVMH
Hennessy’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, 2020Exclusive: Jim Clerkin Named President of Moët Hennessy Strategic Development; Seth Kaufman To Lead Moët Hennessy North America
Longtime Moët Hennessy North America president and CEO Jim Clerkin is transitioning to a new role, president of Moët Hennessy strategic development and advisor to Paris-based global CEO Philippe Schaus, effective January 1. Continue reading →
Posted in News on August 27, 2019LVMH Takes 60% Stake In Napa Valley’s Colgin Cellars
Moët Hennessy Louis Vuitton has agreed to acquire a 60% stake in Napa Valley winery Colgin Cellars. Continue reading →
Posted in News on November 21, 2017Hennessy Unveils New Bottling Facility Aimed At Bolstering Supply
LVMH’s Hennessy has opened its new bottling facility and announced plans to address its Cognac shortage. Continue reading →
Posted in News on October 19, 2017U.S. Cognac Market Surges Past 5-Million-Case Mark
Cognac continues to thrive in the U.S., propelled by the remarkable rise of category leader Hennessy, along with steady progress for leading competitors Rémy Martin, Courvoisier and Martell, and an impressive contribution from relative newcomer d’Ussé. Continue reading →
Posted in News on October 17, 2017Navarre Steps Down As Moët Hennessy CEO, DFS Group’s Philippe Schaus Named As Replacement
Moët Hennessy’s Christophe Navarre is stepping down from his role as CEO, departing the drinks company to focus full-time on his investment fund Neptune International. Continue reading →
Posted in News on September 5, 2017
