Moët Hennessy is exiting local wine production in India after more than a decade, selling its Chandon India winery assets to Sula Vineyards in a move that underscores the challenges global drinks groups face in navigating the country’s complex alcohol market. Read More
Moet Hennessy
LVMH’s Wines & Spirits division recorded the sharpest decline in recurring operating profit among all its business units in the first half of 2025, as cognac sales slumped in key markets despite a modest rebound in champagne and still wine. Read More
Moët Hennessy has named a seasoned Asia hand in Hong Kong to revive its North Asia business amid slumping Cognac sales and 1,200 job cuts.
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LVMH will cut 1,200 jobs—about 12% of its global workforce—at its wine and spirits division Moët Hennessy. This follows similar move by Remy Martin. Read More
Boidevezi brings more than 20 years of leadership experience at the LVMH-owned spirits and wine house, having most recently served as President of the Asia Pacific Domestic Region, President of Global Travel Retail and President of Private Sales. Read More
The world's biggest luxury group LVMH has suspended its business in Russia following Russia's invasion of Ukraine, citing operational challenges and concerns about staff safety. Read More