Tag Archive: Moet Hennessy
Moët Hennessy, Rémy Cointreau Post Better Than Expected Results Amid Cognac’s Slump
While sales have continued to decline for top Cognac brands Hennessy and Rémy Martin, brand owners Moët Hennessy and Rémy Cointreau each beat expectations in results overnight. Continue reading →
Posted in News on January 26, 2024News Briefs for October 25, 2023
•Proximo’s Gran Coramino Tequila has partnered with Atlanta’s NBA team to become a “Spirit of the Atlanta Hawks.” Continue reading →
Posted in News on October 25, 2023News Briefs for September 13, 2023
•Belvedere, part of the Moët Hennessy portfolio, is introducing Belvedere 10, a new luxury vodka made from the single harvest of one rye field in northeast Poland. Continue reading →
Posted in News on September 13, 2023News Briefs for August 30, 2023
•Moet Hennessy is debuting a special edition sparkler from its Chandon winery in California, Chandon 50th Anniversary Cuvée Winemaker’s Blend. Continue reading →
Posted in News on August 30, 2023News Briefs for August 24, 2023
•Luxco has retooled its Celtic Honey brand, increasing its abv and transforming it from a cordial to a flavored whiskey. Continue reading →
Posted in News on August 24, 2023Moët Hennessy Sales Slip Amid Cognac Slowdown
Moët Hennessy posted sales down 3% organically to €3.2 billion ($3.5b) in its fiscal first half ended in June, as solid Champagne growth couldn’t offset the downturn in the Cognac category. Profit from recurring operations declined 9% to €1 billion ($1.1b). Continue reading →
Posted in News on July 26, 2023