Adrienne Klasa Yeah. So actually, Moët Hennessy last year invested in a non-alcoholic beverage producer for the first time. It’s a non-alcoholic wine producer called French Bloom.

Asahi Group Holdings Non-alcoholic drinks play a major role in Asahi’s corporate vision. As part of its Legacy 2030 strategy, the company is looking to have 20% of its group-wide portfolio made up by ...

Excessive alcohol is bad for your investment returns as well as your health. Once considered a defensive staple, shares of the biggest alcoholic drinks makers have lost their allure. Across large ...

World Europe Wine & spirits How the Moet Hennessy empire spiralled into crisis Once a cash cow, LVMH’s drinks business has been hit by a global downturn, soaring prices, dubious deals and hubris ...

Wines and spirits accounted for just 6% of LVMH’s operating profit last year, down from around 20% in 2015, say Bernstein analysts. Moet Hennessy has traditionally served as a cash generator for ...

Moët Hennessy will reduce its workforce to its 2019 headcount, the latest wine and spirits maker to react to shrinking demand and a tariff standoff between the European Union and China over Cognac.

(Reuters) -LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the Financial Times reported on Thursday, citing an internal ...

Led by declining sales in its Wine & Spirits and Fashion & Leather Goods categories, French luxury giant LVMH Moët Hennessy Louis Vuitton’s (OTCPK:LVMUY) (OTCPK:LVMHF) total organic sales in ...

Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as U.S. President Donald Trump risks unleashing a trade war, complicating a turnaround effort that could ...

The nonalcoholic beverage industry could get a boost from the surgeon general’s warnings linking alcohol to some cancers. But don’t expect the industry to condemn your glass of pinot.