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Tag Archives: Luxury good

• Top 10 Chinese luxury liquor brands announced

Top 10 Chinese luxury liquor brands announced

While French spirits and wines lead the charge, a premium Guatemalan rum brand and a Scottish single malt producer have also been named among the top 10 luxury liquor brands in the world. In an awards ceremony dubbed the ‘Oscars’ of the luxury world held in Beijing, the World Luxury Association (WLA) announced the top […]

• Good news as LVMH results point to luxury drinks recovery

Good news as LVMH results point to luxury drinks recovery

First quarter figures from Moët Hennessy owner LVMH has offered fresh evidence that the luxury drinks sector is back in vogue following the dip in consumer spending that accompanied the global economic slowdown. Moët Hennessy, the luxury specialist firm’s drinks arm, posted 20% sales growth to €762 million, driven chiefly by strong demand in the […]

• Diageo stands by for £10.6bn pop at champagne maker Moet Hennessy

Advisers to Diageo have been put on red alert for a possible £10.6bn takeover of Moet Hennessy, LVMH’s drinks division. The luxury goods group that is home to Dom Perignon champagne and Louis Vuitton bags, announced on Saturday that it had bought a 14.2pc stake in French rival Hermès. LVMH, led by France’s richest man […]