LVMH Group
Beverage industry company news
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FRANCE: LVMH acquires stake in Château Cheval Blanc
17 Aug 2009
Moët Hennessy Louis Vuitton (LVMH) has acquired a 50% stake in Bordeaux wine Château Cheval Blanc for an undisclosed fee.
FRANCE: LVMH Champagne sales sink in H1
28 Jul 2009
Moët Hennessy, the wine and spirits division of French luxury goods group Moët Hennessy Louis Vuitton (LVMH), saw sales slide by 17% in the first half of 2009 due to "massive destocking" by distributors.
Focus - Baijiu still attractive despite downturn
23 Jun 2009
Foreign investment has brought valuable marketing nous to China’s rice wine-based spirits category but, Mark Godfrey writes from Beijing, there has so far been little change in the balance of power in the market.
UK: Moet Hennessy creates Belvedere ‘members’ club
10 Jun 2009
Moët Hennessy has created a ‘members club’ for its Belvedere vodka brand as part of a new marketing campaign across the UK.
GLOBAL: Safety of big brands leads the way in 2009 - research
11 May 2009
The global drinks consumer is heading for “safety” when it comes to drinks brands, according to a recent report.
Preview - Tax Free World Association Asia Pacific Exhibition
8 May 2009
Already battling the recession, those attending next week’s Tax Free World Association (TFWA) Asia Pacific Exhibition are nervously watching developments in the swine flu outbreak, remembering the adverse impact the SARS outbreak had on the travel-retail sector six years ago. So far, the effects in Asia Pacific have been minimal, writes Joe Bates, while continued spending by Chinese travellers has helped offset some of the recessionary pressures.
UK: Glenmorangie Co launches Sonnalta PX Scotch whisky
8 May 2009
Glenmorangie Company, the Scotch whisky arm of Moët Hennessy, has released a limited edition travel-retail exclusive whisky called Sonnalta PX.
UK: Organic sales slip in Q3 for Diageo, upbeat on FY
7 May 2009
Diageo has reported a slide in organic like-for-like sales in its latest quarter, but has reiterated its forecast of operating profit growth for the full-year.
UK: Glenmorangie launches Ardbeg Supernova Scotch whisky
6 May 2009
Glenmorangie, a subsidiary of Moët Hennessy, has put its Ardbeg Supernova single malt whisky from Islay on general release.
FRANCE: Moët Hennessy to build Champagne facility
28 Apr 2009
Moët Hennessy, the wine and spirits division of French luxury goods firm LVMH, is set to build a state-of-the-art logistics centre for its Champagne brands.
US: Moët Hennessy launches Hennessy Black Cognac
28 Apr 2009
Moët Hennessy, the wine & spirits arm of LVMH, has launched Hennessy Black Cognac in ten states across the US, in its first major launch for the brand since 1961.
just the round-up - The week in drinks
24 Apr 2009
The top ten stories published on just-drinks this week:
FRANCE: LVMH Champagne, Cognac sales tumble
23 Apr 2009
LVMH Moët Hennessy Louis Vuitton, the French luxury goods firm at the centre of takeover speculation this week, has reported Champagne and Cognac sales down by more than a fifth in the first quarter of 2009.
US: Diageo to expand US cocktail bottling site
23 Apr 2009
Diageo has lined up a further multi-million dollar investment in one of its bottling facilities in the US.
FRANCE: LVMH Moët Hennessy Louis Vuitton quells Diageo sale talk
22 Apr 2009
LVMH Moët Hennessy Louis Vuitton has moved to quash speculation linking it to a divestment of its wine and spirits division to Diageo.
UK: Drambuie teams up with Morrison Bowmore, finances remain strong
27 Mar 2009
Drambuie is to link up with whisky distiller Morrison Bowmore in Scotland, as group CEO Phil Parnell tells just-drinks that the group is in good financial shape to weather the recession.
GLOBAL: Moët & Chandon unveils Scarlett Johansson celebrity endorsement
25 Mar 2009
Moët & Chandon has lined up an international advertising tie-up with actress Scarlett Johansson.
FRANCE: Hennessey Cognac appoints international director
11 Feb 2009
Hennessy Cognac, part of the LVMH group, has appointed André de Bausset as its international director.
FRANCE: Flat profits, sales lift for LVMH in 2008
6 Feb 2009
LVMH Moët Hennessy Louis Vuitton has posted flat full-year profits, on the back of a slight rise in sales.
US: LVMH launches Hennessy limited edition for Obama inauguration
16 Jan 2009
LVMH Moet Hennessy-Louis Vuitton has released a limited edition bottling of its Hennessy Cognac brand for the US.
FRANCE: Moët Hennessy acquires Montaudon Champagne
12 Dec 2008
Moët Hennessy, the wines and spirits group owned by LVMH, has acquired the Montaudon champagne house. A purchase price was not disclosed.
JAPAN: Diageo drops Sapporo for Kirin as Japanese importer
27 Nov 2008
Diageo has confirmed that it is switching importers for its Guinness, Kilkenny and Smirnoff Ice brands in Japan.
just the round-up - The week in drinks
24 Oct 2008
The top ten stories published on just-drinks this week:
UK: Glenmorangie expansion plan - phase one completes
22 Oct 2008
The Glenmorangie Company has completed the first phase of its proposed expansion project at its flagship distillery in Scotland.
just the round-up - The week in drinks
10 Oct 2008
The top ten stories published on just-drinks this week:
FRANCE: Champagne, Cognac sales down at LVMH
10 Oct 2008
French Luxury good group LVMH has reported a 2% revenue drop in its wine and spirits division for the first nine months of 2008.
FRANCE: Boisset to sell spirits business to La Martiniquaise.
29 Sep 2008
Burgundy-based drinks group Boisset is selling its spirits branch to French counterpart, La Martiniquaise, for an undisclosed sum.
UK: Glenmorangie to sell Glen Moray distillery to La Martiniquaise
16 Sep 2008
The Glenmorangie Company has lined up the sale of its Glen Moray distillery in Scotland to French spirits company La Martiniquaise.
FRANCE: LVMH toasts sales rise
30 Jul 2008
French luxury goods firm LVMH has announced a 5% sales rise for its first half, with wine and spirits brands showing a strong recovery in the second quarter.
INDIA: United Spirits sees sales, profits head north in Q2
22 Jul 2008
United Spirits has posted a strong rise in sales and profits for its latest quarter.
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