In an interview with just-drinks this week, Pernod Ricard CEO Alex Ricard had some strong words for Travel Retail....
Morgan Stanley this week released its second survey of US wholesalers, which found increased confidence is the country's spirits market. The...
What is the best way to evaluate a spirits brand's performance? Is it all about volume? Is it about value? Or, is there more to it than that? Do some brands deserve extra credit for pioneering a new segment, over-achieving in their given sphere, transcending their category? Johnnie Walker is one name that ticks most - if not all - of these boxes; Jameson is, arguably, another. But, what about Patrón Tequila?
Morgan Stanley last week released a report based on a survey of US wholesalers that found increased confidence is the country's spirits market. The financial firm said the report, its first to directly survey wholesalers, is more forward-looking that traditional channel data and attempts to "identify key trends before they appear in Nielsen data and sell-side forecasts". The survey also quizzed wholesalers on future category performance. Here's a run-down of the key findings.
Following the release of its full-year results yesterday, Remy Cointreau's CFO has thrown down the gauntlet to other Cognac producers operating in the US.
At the CAGE 2016 conference in London today, LVMH CFO Jean-Jacques Guiony spoke about how his company operates in the luxury goods category. Key to bringing in new consumers are entry-level products, about which Guiony said: "We basically rely on them." Here are the main points from his speech on entry-level products as well as on high-end items and the modern marketing methods needed to sell them.
Earlier this week, we ran part one of our interview with the CEO of Remy Martin, Patrick Piana. Here, in the second and concluding part, Piana looks at the emerging markets as well as the mature markets of the US and Western Europe, and argues for value over volume in the Cognac category.
As his swansong earlier this month, we sent outgoing deputy editor Chris Mercer to meet the CEO of Societe Europeenne de Participations Industrielles' Champagne unit, Cécile Bonnefond. It says 'Wehring' above, but it's 'Mercer' below.
Moet Hennessy has warned Cognac stocks for the year may be affected after Hennessy volumes "increased significantly" in Q1.
Moet Hennessy’s Glenmorangie Co has unveiled the oldest iteration of its namesake single malt Scotch whisky brand.
Destilería Serrallés has recruited a former Diageo and William Grant & Sons executive to become its next CEO.
Moet Hennessy has unveiled this year’s addition to Glenmorangie’s Private Edition series of single malt Scotch whiskies.
Moet Hennessy has posted a strong jump in full-year sales and profits as healthy Cognac growth in China fuelled increasing optimism over the rebounding spirit.
Glenmorangie is to release a collection of vintage whiskies under The Bond House No.1 banner. The series kicks off with Glenmorangie Grand Vintage Malt 1990.
Moët Hennessy is to enter the Tequila category for the first time next year with the launch of the super-premium Volcan de mi Tierra.
Moet Hennessy has launched a Cognac exclusive to the US market, called Master Blender's Selection No.1.
Moet Hennessy, the wine and spirits division of LVMH, has seen its sales growth slow in the third quarter, although the top-line has stayed positive in the year-to-date.
Diageo's Johnnie Walker and Smirnoff have continued their slide down a list of the world's most valuable brands.
Moet Hennessy's Ardbeg brand will release a limited edition 21-year-old single malt Isaly whisky later this month. The whisky is available exclusively to Ardbeg Committee members.
Cognac in the US helped drive strong sales and profits growth for LVMH's wines & spirits unit, Moet Hennessy, in the first half of the year.
Moet Hennessy has renewed distribution contracts in five US markets with Charmer Sunbelt successor Breakthru Beverage Group.
Constellation Brands has appointed the CEO of jewellers Tiffany & Co and former LVMH Champagne executive to its board of directors.
LVMH's US drinks unit has released the latest instalment of its Wild Rabbit advertising campaign for Hennessy Cognac.
LVMH's CEO has given the first official confirmation of a Chinese New Year rebound for Cognac, revealing at least mid-single digit growth during the critical selling period.
Strong Champagne sales in Q1 combined with a bounce-back in China to give LVMH's wines & spirits unit, Moet Hennessy, a solid start to the year.
LVMH's wines & spirits unit, Moet Hennessy, has posted a healthy leap in full-year profits as sales in China rebounded in the second half of last year.
The wine and spirits arm of French luxury goods group Louis Vuitton Moet Hennessy has reported a 19% jump in sales in the first nine months of the year, driven by a strong third quarter.
Moet Hennessy has released a limited edition extension of its Glenmorangie single malt brand, exclusively in the UK.
Here's a round-up of this week's highlights in the global spirits & wine categories. We are also running similar round-ups for beer and soft drinks & bottled water.
LVMH's Hennessy Cognac has taken top spot in the IWSR's 2014 World Class Brands as previous chart-topper Diageo's Johnnie Walker dropped to 34th.
There are six classic regions for Scotch whisky- Highland, Lowland, Islay, Speyside, West Highlands and Islands. We might need to add outer space to that list.
It's been a sporting week for me, and one I don't think I'll forget about for a very, very long time.
LVMH Moet Hennessy Louis Vuitton SA – Mergers & Acquisitions
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