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Tag Archives: LVMH

• Johnnie Walker the Strongest Spirit in 2011

Johnnie Walker the Strongest Spirit in 2011

A brand new report has revealed that Johnnie Walker retained its position as the leading global spirits brand in 2011. The annual report entitled ‘Top Performing Spirits Brands’ was recently published for the second time by just-drinks and IWSR. It confirms that out of the 124 brands ranked by volume, value and growth, Diageo owned […]

• Luxury Jewelry Bulgari Family Tries to Become a Name in Wine

Luxury Jewelry Bulgari Family Tries to Become a Name in Wine

The Bulgari name has long been associated with luxury jewelry worn by some of the most famous celebrities in the world, like Elizabeth Taylor and Julianne Moore. But will it mean anything in the world of fine wine? The Bulgari family does not know, but this week it will begin to find out. A new […]

• Moët Hennessy brand manager jailed for theft

Moët Hennessy brand manager jailed for theft

Brand manager for Moët Hennessy, Romain Brunot, has been jailed and fined for stealing £75,000 of Champagne and spirits. Over a four year period he appropriated 400 bottles of Krug and 400 bottles of Belvedere vodka that had been left over from events, including those held at the Dorchester Hotel and Heston Blumenthal’s restaurants. Brunot […]

• Moët to produce Chinese red wine

Moët to produce Chinese red wine

Moët Hennessy is understood to have bought a vineyard in China, where it plans to make red wine for the domestic market. According to French magazine Challenges, the luxury drinks giant has signed a deal with VATS, China’s largest alcoholic drinks distributor, to develop 30 hectares of vineyard in the mountains of Yunnan province, south […]

• Château Rauzan releases Lagerfeld label

Château Rauzan releases Lagerfeld label

Château Rauzan-Ségla has unveiled a bespoke label for the 2009 vintage which, db can now confirm, has been designed by German fashion designer Karl Lagerfeld. In April, the drinks business broke news of the decision to launch a celebratory look for the château’s 350th birthday this year, and suggested that Lagerfeld would be designing the […]

• 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 […]

• Remy move shocks Champagne world

Remy move shocks Champagne world

Rémy Cointreau has surprised the Champagne world by announcing it has entered into exclusive negotiations with privately-held company EPI with a view to possibly selling its loss-making Champagne division, including the Piper-Heidsieck and Charles Heidsieck brands. While most industry observers anticipated bids to come in from established players in the Champagne region, EPI only counts […]

• Nicolas Feuillatte rules out Heidsieck bid

As speculation mounts on the sale of the Piper-Heidsieck and Charles Heidsieck Champagne brands, Nicolas Feuillatte has ruled itself out of the bidding race. Speaking at a lunch at Texture to celebrate the Champagne co-operative’s 35th birthday, managing director Dominique Pierre told the drinks business: “We’ve been reading what’s been said in the press and […]

• China begins Yquem love affair

China begins Yquem love affair

Château d’Yquem could finally be emerging as a preferred fine wine brand in the Far East according to merchant Bordeaux Index, which has just sold 600 bottles and 1,200 half bottles in a single trade to a Chinese buyer. The famous LVMH-owned Sauternes has for some time been tipped as a must-have label in Asia, […]

• Diageo Buys Stake in Halico/Hanoi

Diageo Buys Stake in Halico/Hanoi

Diageo PLC (DGE.LN), a premium drinks business, said Wednesday that it has entered into a strategic partnership agreement with Hanoi Liquor Joint Stock Company in Vietnam. MAIN FACTS: -In addition, Diageo has agreed to acquire a 23.6% stake in Halico from VinaCapital Vietnam Opportunity Fund Ltd, for GBP33 million. -As Halico’s strategic partner, Diageo will […]

• America's most famous whiskey labels going on the block

America's most famous whiskey labels going on the block

Smirnoff owner Diageo is casting its eye over some of America’s most famous whiskey labels as part of a possible £6bn bid for US drinks giant Fortune Brands. The Chicago-based firm behind Jim Beam, Maker’s Mark and Southern Comfort put itself on the block yesterday by announcing plans for a break-up. Industry sources said it […]

• 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 […]