Profits from LVMH’s wine-and-spirits business tumbled by 34% last year, the Hennessy Cognac maker has said. The profit from ...
Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as U.S. President Donald Trump ...
The value of French cognac exports to China fell by nearly a quarter last year, according to data shared by an industry lobby ...
Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness.View on ...
Stifel downgraded LVMH (LVMUY) to Hold from Buy with a price target of EUR 710, up from EUR 680. The firm says the company’s lack of earnings ...
CMA CGM-backed windship developer Neoline has finally got its first vessel in the water. The 1,200-lane-metre, 265-teu Neoliner Origin is a dedicated commercial ro-ro that is powered primarily by ...
The Cognac industry has three main tiers. The major houses, Hennessy, Rémy Martin, Martell, and Courvoisier, dominate production. They typically act as negotiants, buying eaux-de-vie from smaller ...
Alexandre Arnault takes a pivotal role in LVMH's struggling $6 billion wine and spirits business as trade tensions under U.S. President Donald Trump loom large. With plans to revitalize the division, ...
reported that around 500 employees at Hennessy Cognac have walked off the job in protest of a rumored relocation to China. According to the CGT labor union, Hennessy-owner LVMH is considering a ...
Andrea Pistacchi, an analyst from Bank of America Securities, maintained the Buy rating on Diageo (DGEAF – Research Report). The associated ...