As temperatures climb, is the future of French wine in England bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
As climate change threatens France, the world’s largest wine producer, winemakers are looking to innovate. One solution, particularly for champagne producers, is to invest in countries with cooler weather…
Moët Hennessy, the luxury wines and spirits division of LVMH, is expanding product categories in India to meet growing demand. CEO Philippe Schaus revealed that the Indian market is still in its infancy, but profitable. The company is betting big on India and has made significant investments, including in the Chandon winery in Nashik. Moët Hennessy is introducing new brands, exploring opportunities in whisky, and focusing on high-end dark spirits.
"Currently, we are focusing in India on Hennessy Cognac, Glenmorangie whisky and Chandon Sparkling wine, and to a lesser degree, on our champagnes which are purchased more outside India than within India," Schaus said.
Luxury Needs Reboot in U S , Moët Hennessy s CEO Says barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.