Tag Archive: Moet Hennessy
Champagne Demand Increases Worldwide, Prices In U.S. To Move Up
Rapid recovery in mature markets and soaring demand in the emerging countries of Brazil, Russia, India and China has put global Champagne supply under pressure in the run-up to the crucial holiday selling season, with brands now on allocation and price hikes in the offing for 2012. Continue reading →
Posted in News on November 4, 2011Moët Hennessy Sales Up 11% Through Third Quarter
Moët Hennessy posted an organic revenue increase of 11% to €2.306 billion ($3.2b) for the first nine months of 2011 (on a reported basis, sales were up 7%). Continue reading →
Posted in News on October 18, 2011Cocktails, Connoisseurship Propel U.S. Market’s Fastest Growing Whiskies
For all the success surrounding vodka over the past decade, many of the spirits industry’s best-performing brands right now are whiskies. Continue reading →
Posted in News on September 19, 2011News Briefs for August 23, 2011
•Moët Hennessy-owned Glenmorangie Co has named former chief operating officer Paul Skipworth president and managing director. Continue reading →
Posted in News on August 23, 2011China’s Enormous Potential Aggressively Pursued By Global Wine Exporters
Long considered the promised land for wine exporters, China’s wine market is now expanding beyond metropolises like Beijing and Shanghai and into the country’s second- and third-tier cities. Continue reading →
Posted in News on July 28, 2011Asian Surge Spurs Moet Hennessy To Strong H1 Growth, But U.S. Still Challenging
Sparked by double-digit organic volume growth for its Champagne unit and Hennessy Cognac’s solid progress, Moët Hennessy’s overall spirits and wine sales rose sharply in the first half of 2011 (ended June 30). Continue reading →
Posted in News on July 26, 2011