Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...
Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...
In particular, Hennessy Cognac has exploded in the U.S. in recent years, expanding by 1.5 million cases from 2013-2018 to reach 3.7 million cases and take a 61% share of the U.S. Cognac category, ...
Diageo Plc said it doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, even as pressure grows on the ...
and Martell Cognac, and the new parent has also taken control of the brand’s international expansion. A year later, in February 2023, Moët Hennessy took a majority stake in Château Minuty ...
(Bloomberg) -- Producers of Cognac and Champagne are seeking to ship more bottles to the US as they brace for potential extra tariffs under President-elect Donald Trump. LVMH’s Cognac brand ...
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after ...
The Hook Creative has added international luxury brands Hennessy and Moët & Chandon to its portfolio after a fiercely competitive ...
Spirits industry to seek exemption from Trump's universal tariffs French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid import tariffs, staff briefed by ...
After an explosive run of growth from 2017-2021 that saw it add more than a million cases and crest the 5-million-case mark in the U.S., Hennessy Cognac took a step back last year along with the rest ...