FRANCE: LVMH announces 12% sales growth for first half
Leading luxury goods group Moet Hennessy Louis Vuitton (LVMH) has announced a consolidated sales increase of 12% in the first half of 2001, compared to the first half of 2000. Commenting on its wine and spirits division the company said: "Sales in wines and spirits improved in the second quarter 2001 to reach E5643m (US$4.7bn) and heavy stocking at distributor level continued to weigh on sales of Champagne, especially in the US. However, there are signs that these stock levels are falling.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- How the can has a part to play in beer's future
- The Future of Cocktails - Consumer Trends
- Will Brexit make a winner out of Travel Retail?
- What do US wholesalers think of spirits trends?
- Coke Life - Coca-Cola's niche soda - Comment
- Diageo Australia's commercial head to step down
- Diageo reveals revival plan for former factory
- William Grant sees 2015 sales, profits lift
- US hits AB InBev with US$6bn fine over India sales
- Stoli Group CEO Rob Cullins to step down
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends