LVMH Cognac business “under pressure” due to high inventories and inflation
“We had a lot of inflationary pressure at Hennessy in particular, due to the price of glass, energy, etc. We had to pass on very serious price increases last year.”
“We had a lot of inflationary pressure at Hennessy in particular, due to the price of glass, energy, etc. We had to pass on very serious price increases last year.”