Drinks giants’ moves in no-and-low alcohol
While still a small part of the global alcoholic drinks industry, the market for non-alcoholic alternatives continues to grow –…
LVMH Group
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Weak Cognac demand weighs on LVMH’s wine-and-spirits division
LVMH’s wine-and-spirits division saw its first-quarter sales decline due to weak demand for Cognac in both the US and China.…
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Cognac, Armagnac’s caution after French government China talks
Three French spirits trade bodies have warned the potential delay to China's anti-dumping probe of brandy does not change the…
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China ‘delays conclusion of Cognac probe’
China has reportedly postponed concluding its anti-dumping investigation into EU brandy products. According to reports from news outlets Bloomberg and…
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LVMH’s wine-and-spirits arm sees profits slide in 2024
Profits from LVMH’s wine-and-spirits business tumbled by 34% last year, the Hennessy Cognac maker has said. The profit from recurring…
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Diageo denies speculation swirling around Guinness, Moët Hennessy
Diageo’s share price retreated in London today (27 January) as the drinks giant denied market speculation swirling around Guinness and…
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Diageo silent as Guinness, Moët Hennessy talk boosts shares
Diageo has unsurprisingly refused to be drawn on a Bloomberg report that the company is reviewing its stake in Moët…
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LVMH says managing final distribution “impossible” after Russia shipments report
LVMH Moët Hennessy Louis Vuitton has said it is “impossible” to manage where products are sold by third-party distributors amid…
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Race to zero: How tech is shaping non-alcoholic wine
“Not exciting,” is how one drinker sums up their experience of an alcohol-free wine on ratings app Vivino. Other complaints…
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EU challenges Chinese tariffs on brandy exports at WTO
The EU has initiated a World Trade Organization (WTO) case against China's tariffs on the bloc's brandy exports, which are…
