LVMH

Hennessy Suspends Plan To Bottle Cognac In China, Say Staff

French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid import tariffs, staff briefed by management said.

LVMH Replaces Leadership At Spirits Unit Moët Hennessy

Luxury group LVMH said on Thursday it is overhauling management of its wines and spirits division Moët Hennessy, with chief financial officer Jea...

LVMH Sales Fall 3% As Demand For Luxury Goods Worsens In China

LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and J...

LVMH-Owned Brands Dominate The 'Most Valuable Wine Brands' List

LVMH-owned brands Moët & Chandon, Chandon, Veuve Clicquot and Dom Pérignon are the most valuable wine and champagne brands on the planet, a...

Danone Expects Olympics Sales Boost After Revamping Brands Ahead Of Games

Olympics sponsor Danone is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in brandin...

China Cognac Probe Is A Reaction To EU Car Tariffs, Says Hennessy Owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chie...

LVMH Sales Growth Slips On Luxury Spending Slowdown

LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousand...