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China, Hennessy and LVMH
LVMH ‘suspends Hennessy China bottling plan’
LVMH has reportedly “suspended” its controversial plan to ship Hennessy Cognac in bulk to China for bottling. According to specialist French news site Terre de Vins, the luxury-goods group has halted the plan, drawn up in response to tariffs imposed by China but which has sparked anger in the Cognac region.
LVMH’s Hennessy Suspends Plan to Send Cognac in Vats to China
Hennessy backed down from a test of bottling Cognac in China as a way around tariffs after workers at the LVMH label in France went on strike last week in protest.
Hennessy suspends plan to bottle cognac in China, say staff
French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid import tariffs, staff briefed by management said on Tuesday, after hundreds of workers went on strike last week to protest the move.
Hennessy Bows to Striking Worker Demands, Suspends Plan to Bottle Cognac in China
On Tuesday, Bloomberg reported that Hennessy owner LVMH is temporarily halting plans to bottle its cognac in China. The move comes days after nearly 600 workers walked off the job in protest of the rumored scheme,
French cognac maker Hennessy halts China bottling plan after workers’ strike
The move follows talks between French and Chinese leaders, with the plan potentially resuming if negotiations fail.
1d
on MSN
LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80
The Arnaults' clout in the luxury world has conjured "Succession" parallels over who might take over. But Bernard Arnault ...
RSF
3h
France: the founder of luxury conglomerate LVMH must be held responsible for spying on journalists
The trial of Bernard Squarcini, the former head of France’s domestic counterintelligence agency accused of leveraging his ...
12h
LVMH’s Bernard Arnault summoned to court in trial of France’s former spy chief
Billionaire to give evidence as witness in illegal surveillance and influence peddling trial that has gripped France ...
13d
on MSN
LVMH Moves Alexandre Arnault to HQ, Fueling Succession Talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the ...
NewsX
1d
Luxury brand LVMH Gets Caught Up In An EVs-vs-Booze Battle
A trade war is brewing between the EU and China over electric vehicles and brandy. China imposed tariffs on European brandy, ...
13d
on MSN
What To Know About Alexandre Arnault—Possible LVMH Successor With Close Celebrity Ties
Arnault, son of Bernard Arnault, one of the world’s richest men and the CEO of luxury goods conglomerate LVMH, has been ...
12d
Bernard Arnault, the LVMH CEO who built a luxury giant, is one of the world's wealthiest people
Bernard Arnault, CEO of French luxury conglomerate LVMH that owns Louis Vuitton, Moët Hennessy and Dior, is one of the ...
9d
LVMH: Still Not Time To Bottom Fish
Financial writer analyzes LVMH stock's downturn in luxury market, recommends avoiding bottom fishing and maintaining a 'Hold' ...
7d
LVMH Billionaire Bernard Arnault Receives Malcolm S. Forbes Lifetime Achievement Award
Bernard Arnault, chairman and CEO of LVMH Group, received the Malcolm S. Forbes Lifetime Achievement Award at the Forbes ...
13d
LVMH names Arnault heir to lead Moet Hennessy alongside veteran CFO
LVMH owner Bernard Arnault has given his son Alexandre, who has links with the Trump family, the job of helping to turn ...
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