Tag Archive: Moet Hennessy
After Higher Offer From KKR, Analysts Expect Bidding For Treasury To Heat Up
Following news out of Australia last night that private equities KKR and Rhône Capital have teamed to lodge a new bid for Treasury Wine Estates, analysts expect more interested suitors for the embattled winemaker to emerge. Continue reading →
Posted in News on August 4, 2014With China’s Woes Continuing, Diageo Reportedly To Write Down ShuiJingFang Stake
With global spirits producers confronting an increasingly challenging landscape in China, Diageo is reportedly set to write down its stake in upscale Chinese white spirits (baijiu) maker ShuiJingFang. Continue reading →
Posted in News on July 28, 2014Moët Hennessy Sales Hit By China Destocking, But U.S. Remains “Dynamic”
Moët Hennessy posted declines in sales and profits for the first half of this year, as difficult conditions in China’s drinks market continue to hinder luxury-end growth. Continue reading →
Posted in News on July 25, 2014News Briefs for July 18, 2014
•Energy-industry billionaire and wine collector Bill Koch announced on July 15 that he has settled his six-year lawsuit against New York auction house Acker Merrall & Condit, Wine Spectator reports. Continue reading →
Posted in News on July 18, 2014Moët Hennessy Launches Ultra-Luxury Glenmorangie Pride 1978
Moët Hennessy is debuting Glenmorangie Pride 1978, which the company hails as Glenmorangie’s rarest whisky to date. Continue reading →
Posted in News on July 11, 2014Craft Brewing and Distilling News for June 25, 2014
•Chico, California’s Sierra Nevada Brewing Company has debuted a new West Coast Double IPA in 24-ounce bottles. Continue reading →
Posted in News on June 25, 2014
