cognac craze in us china prompts hennessy expansion
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Cognac craze in US, China prompts Hennessy expansion

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Cognac craze in US, China prompts Hennessy expansion

Cognac craze in US, China prompts Hennessy expansion
Washington - Al Maghrib Today

The world's biggest brandy producer Hennessy on Wednesday opened a new plant in southwest France to try to satisfy the seemingly insatiable thirst for its liquor in the US and Asia.

The venerable distillery, which was bought by LVMH luxury goods group in 1987, sold 83.8 million bottles of drink last year.

Half of its output went to the US and a quarter to Asia, excluding Japan.

The new bottling and logistics facility in the village of Salles d'Angles -- a few kilometres from the town of Cognac after which Hennessy's variety of brandy is named -- will give a much-needed boost to production, LVMH CEO Bernard Arnault said.

"It's not a bad problem to have but our stocks are very low and we cannot meet demand. We're short on bottles and on product because of the success of our products across the Atlantic and in China," Arnault said at Wednesday's launch.

Hennessy aims particularly to turn out more bottles of the VS (Very Special) cognacs popular in the US and the VSOP (Very Special Old Pale, aged for at least four years) and XO (Extra Old, aged for over 10 years) varieties beloved of big-spending Chinese customers.

Hennessy CEO Bernard Peillon told AFP he aimed to quadruple output over the next 25 years.

Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

cognac craze in us china prompts hennessy expansion cognac craze in us china prompts hennessy expansion

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

cognac craze in us china prompts hennessy expansion cognac craze in us china prompts hennessy expansion

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 15:14 2011 Thursday ,07 July

Translation of \"Women in the Kurdish Folklore\"

GMT 17:21 2017 Wednesday ,03 May

Malta’s scandal-hit PM calls snap elections

GMT 12:15 2013 Wednesday ,19 June

Obama hopes Afghan peace talks go on

GMT 00:07 2012 Monday ,06 February

Zain to reward promotion winners

GMT 02:23 2011 Thursday ,06 October

Buyers bid for 32 artworks in Sotheby\'s HK auction

GMT 08:31 2017 Wednesday ,16 August

Algeria's PM sacked after less than 3 months in office

GMT 14:33 2017 Friday ,10 March

Bahrain Bourse daily trading report

GMT 15:32 2016 Monday ,11 July

Cheered by traders’ Brexit performance

GMT 17:15 2012 Monday ,23 April

Ghedex, Trainex & Jobex 2012 inaugurated

GMT 09:27 2017 Monday ,17 July

South Korea's Park Sung-Hyun wins

GMT 16:43 2012 Wednesday ,29 August

Al Borg Group to tie up with Al Mokhtabar

GMT 11:39 2017 Friday ,10 February

Ireland can't wait for Six Nations win in Italy

GMT 04:53 2013 Monday ,24 June

Ayoon wa Azan (The world against Israel)
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday