Tag Archive: Veuve Clicquot
Moët Hennessy Sales Down 8% Through Three Quarters, But Hennessy Returns To U.S. Growth
Moët Hennessy has posted sales 8% down on an organic basis to €4.2 billion ($4.6b) for the nine months through September, citing ongoing normalization in the drinks market and soft conditions in the U.S. and China. Continue reading →
Posted in News on October 16, 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, 2024Moët 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, 2024Retailers Bank On Sparklers To Maximize Holiday Sales
Impact Databank projects total sparkling wine imports to decline by volume this year, but better conditions in the $10 and over segment are expected to propel the segment to an overall gain in dollar terms. Continue reading →
Posted in News on December 22, 2023