China and French brandy producers have reached a preliminary agreement on pricing, a key development in Beijing’s anti-dumping investigation into European brandy imports that signals easing tensions between the two sides. Read More
Hennessey
Luxury conglomerate LVMH reported a 35.7% decline in operating profit for its wine and spirits division in 2024, as weaker demand in China and a challenging global market weighed on sales. Read More
The world's biggest luxury group LVMH has reported strong growth in the first quarter of 2022 but its wine and spirits business was hampered by global supply constraints. Read More