Tag Archive: Moet Hennessy
Report: LVMH Rumored To Be Eyeing Castello Banfi
A report out of Italy claims Moët Hennessy may be interested in acquiring Montalcino-based Castello Banfi from the Mariani family in whole or in part. Continue reading →
Posted in News on February 6, 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, 2020Moët Hennessy Invests To Boost Napa Valley’s Newton
Moët Hennessy is pouring tens of millions of dollars into its Newton Vineyard winery in the Napa Valley, aiming to bolster the brand’s vineyards, winemaking, and hospitality operations. Continue reading →
Posted in News on January 13, 2020Moët Hennessy Takes Majority Stake In Luxury Rosé Leader Château d’Esclans
Moët Hennessy has bolstered its presence in Provence rosé, agreeing to take a 55% controlling stake in luxury player Château d’Esclans for an undisclosed sum. Continue reading →
Posted in News on December 2, 2019Cognac Drives Moët Hennessy To 7% Growth Year-To-Date
Moët Hennessy posted sales up 7% to €3.9 billion ($4.3b) on an organic basis in the nine months through September, marking the first three quarters of the company’s fiscal year, as the flagship Hennessy Cognac brand continued to drive gains. Continue reading →
Posted in News on October 10, 2019Moët Hennessy, Treasury Wine Name New U.S. Leaders
In case you missed yesterday’s news alert, Moët Hennessy has named longtime North America president and CEO Jim Clerkin 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 28, 2019
