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Shownotes
LVMH’s wine and spirits division, Moët Hennessy, has long been a source of success – and cash – for the luxury goods behemoth. But more recently, that’s changed. The FT’s Paris correspondent Adrienne Klasa, found that certain strategic decisions made under the company’s former CEO have contributed to a change in its fortunes. She examines the missteps and whether the division can make a comeback.
Clips from Olympics
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For further reading:
Moët Hennessy’s crisis: dubious deals, soaring prices and hubris (ft.com/content/5fdf5c34-cb1d-40da-8e7c-8daca5d…)
Alcohol groups face a sobering cultural shift (ft.com/content/bff09e90-1d24-4007-a30b-e341caa…)
Moët Hennessy to cut 10% of workforce as luxury slowdown bites (ft.com/content/f22a032d-a923-42ab-89c1-aa44af9…)
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Follow Adrienne Klasa on X (@AdrienneKlasa (x.com/AdrienneKlasa)). Michela Tindera is on X (@mtindera07 (twitter.com/mtindera07)) and Bluesky (@mtindera.ft.com (bsky.app/profile/mtindera.ft.com)), or follow her on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com (ft.com/content/46d507c5-7e6b-4226-94f8-da3f759…)
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