Tag Archive: Moet & Chandon
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, 2025La Marca, Mionetto, Josh Prosecco Lead Gains In Sparkling Wine
While total sparkling wine volume is projected to slip again in the U.S. this year, according to Impact Databank, key brands from the $15 and above segment are showing gains in the off-premise as we near the end of the year. Continue reading →
Posted in News on December 26, 2024Champagne Marketers Eye Renewed Growth In Second Half
The Champagne category has slipped in the U.S. the past two years, but after stabilizing in the first half of 2024, there could be renewed growth on the horizon. Continue reading →
Posted in News on July 23, 2024Moët Hennessy Sees Second-Half Opportunity For Champagne
After booming during the pandemic, Champagne depletions came back to Earth in the U.S. last year, declining 12.5% to 1.58 million 9-liter cases, according to Impact Databank. Continue reading →
Posted in News on June 27, 2024Moët Hennessy’s Sales Down 12% In Q1 On Tough Comp
Moët Hennessy posted sales down 12% to €1.4 billion ($1.5b) for its fiscal first quarter, as both its Champagne and Cognac divisions continue to be impacted by destocking. Continue reading →
Posted in News on April 17, 2024Prosecco Boosts Growth For Sparkling Wine, Led By La Marca, Mionetto
After 13 consecutive annual gains, total sparkling wine consumption fell in the U.S. last year for the first time since the global financial crisis of 2008, according to Impact Databank. But sparkling brands look to rebound this year, as Prosecco from Italy remains buoyant. Continue reading →
Posted in News on November 9, 2023
