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...Though France accounts for less than a tenth of global sales, the luxury group — which includes brands ranging from fashion label Louis Vuitton to Moët & Chandon champagne — is keen to trumpet its contribution...
...“It’s every English wine producer’s dream to be able to sit down and say they sold to Moët & Chandon,” said Knight Frank’s Mansel Lewis....
...It was now coming to the attention of a much wider group of investors, however....
...It does not take much of a behavioural shift to make a dent in the growth prospects of luxury groups such as LVMH, Kering and Richemont....
...Despite a challenging end of the year in Asia, LVMH — which owns brands including Louis Vuitton, Dior and Moët & Chandon — has gone from strength to strength, reporting its second consecutive year of record...
...The success has turbocharged Novo Nordisk: with little fanfare, it has become the most valuable company in Europe, overtaking luxury group LVMH, maker of Louis Vuitton and Moët & Chandon....
...“Polo is always associated with Moët & Chandon and Veuve Clicquot. I said, ‘no, guys, just come and drink beer’, we have our very own Tusker beer. People love it and the crowds are growing....
...Lalonde, a Canadian, worked for coffee-maker Nespresso before spending more than a decade at LVMH where his roles included chief executive of champagne Moët & Chandon and then international president of...
...LVMH, which owns more than 70 brands from Moët & Chandon champagne to Christian Dior, has about 3,500 employees in Russia and operates 120 stores....
...Although he would visit his French grandparents often, he didn’t move to France until 1999, having interned at Moët & Chandon’s Australian outpost, to be with his now wife, who is also from the Loire....
...The group has also been boosted by the addition in January of US jewellery Tiffany to its roughly 70 brands....
...In one case in 2019, Tesco successfully argued that an advertisement unfairly compared a bottle of Moet et Chandon champagne to a much cheaper Aldi own-label version in order to skew a price comparison of...
...It is also the standard by which he compares the 75 brands in the LVMH stable, including the fashion houses Dior, Givenchy and Louis Vuitton and the drinks brands Moët & Chandon, Hennessy and Château d’Yquem...
..., French champagne brand Moët & Chandon and Saudi Arabian Airlines....
...One current MPLA member describes levels of corruption as “pornographic”, with officials “macerating steaks in Moët & Chandon”....
...For example, the French champagne house Moët & Chandon produces an estimated 38m bottles a year....
...“I am pleased to welcome Tiffany and all their talented employees in our group,” said Mr Arnault in a statement....
...Cue the toasts of Moët & Chandon. Much of its unstoppable rise, which, as Lex points out, proves an exception to the rule that conglomerates are démodé, can be attributed to some very savvy M&A....
...The UK-based distiller said it had received no dividend for the calendar year 2019 from the partnership, which produces drinks brands including Moët & Chandon, Krug, Veuve Clicquot, Hennessy and Château...
...Despite the promise of an excellent vintage, champagne producers and the luxury groups that own the biggest brands have decided you can have too much of a good thing....
...Whether or not the nuptials are back on, the pair are unlikely to pop open the Moët & Chandon just yet....
...“The big brands feel a bit like Disney attractions,” one friend warned, as many charge an admission fee and cater to tour groups....
...The accumulation of fashion assets earned it the moniker “the LVMH of China”, likening it to the Parisian group that takes its name from luxury brand Louis Vuitton, champagne house Moët et Chandon and cognac...
...Gustavo Marin, purchasing and new product development manager at Chandon Argentina, was one of last year’s winners with the “Gold in the Seeds” project — which recycles grape waste from wine to the cosmetics...
...The owner of Dior, Moët & Chandon and Bulgari said that sales grew 11 per cent year-on-year on an organic basis to reach €13.3bn....
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