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As of 2009, LVMH held 66% of the drinks division, Moët Hennessy, with the remaining 34% held by Diageo. [ 61 ] As of 2013, Christian Dior SE was the leading holding company of LVMH, owning 40.9% of its shares and 59.01% of its voting rights. [ 62 ]
SirDavis is an American whisky launched in 2024. The brand is a joint venture between Moët Hennessy and Beyoncé Knowles-Carter. [1] SirDavis is named after Knowles-Carter's great-grandfather Davis Hogue, a Prohibition-era moonshiner and farmer in the American South.
Moët & Chandon merged with Hennessy Cognac in 1971 and with Louis Vuitton in 1987 to become LVMH (Louis-Vuitton-Moët-Hennessy), the largest luxury group in the world, netting over 16 billion euros in fiscal 2004. Moët & Chandon was holding a royal warrant as supplier of champagne to Queen Elizabeth II. [5] [3] [6]
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Alexandre Arnault, executive vice president of product and communications at Tiffany & Co., during an LVMH Moet Hennessy Louis Vuitton SE earnings news conference at the company's headquarters in ...
[5] [6] Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary. For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. [7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. [8]
Moët Hennessy, the wines and spirits division of the Arnault-led LVMH Moët Hennessy Louis Vuitton, has acquired Joseph Phelps Vineyards. More from WWD. Paul Smith Men's Spring 2023.