LVMH Vins et Spiritueux: The latest figures, news and market research on LVMH Vins et Spiritueux

Turnover: 5.974 billion EUR (2021)

Country: France

LVMH was created in 1987 by the merger of the Louis Vuitton fashion house with Moët Hennessy, a company formed from the 1971 merger of the Moët & Chandon champagne house and the Hennessy cognac house. It controls some 60 subsidiaries, each managing a small number of prestige brands.

Present in a multitude of luxury goods sectors worldwide, including leather goods. This activity accounted for around 40% of its sales in 2018, due in large part to its Louis Vuitton brand, and to a lesser extent to the Dior brand, which the group owns.

News

Moët Hennessy has global ambitions in fine wines. 30/06/2022

The Insignia wine has repeatedly received top marks from Robert Parker.
This is an opportunity for Moët Hennessy to change its game in the wine business, and above all to "achieve critical mass, particularly in the US market", the world's largest and most lucrative
Moët Hennessy, the wines and spirits division of LVMH, has acquired 100% of the Joseph Phelps winery
A world-renowned winery, known for its red wines from Napa Valley and Sonoma County
Since acquiring New Zealand's Cloudy Bay some twenty years ago, the group has achieved critical mass in white wines, with over 3 million bottles produced
Château d'Escale is best known for its Whispering Angel rosé, which is said to sell over 10 million bottles a year

Moët Hennessy acquires Joseph Phelps, one of the founding fathers of Napa Valley. 30/06/2022

Best known for its leading champagne and cognac brands, Moët Hennessy continues its wine offensive with the acquisition of the vineyards of Joseph Phelps, one of Napa Valley's great names.
Since 2019, LVMH has owned 55% of Château d'Esclans (known for its Whisphering Angel) and Château Galoupet.
The company also owns the highly prestigious Colgin and Newton.
The group has sold over 60,000 9-liter cases, including 13,000 cases of Insignia, whose great vintages easily cost over 1,500 euros a bottle.

LVMH relaunches Provence rosés. 16/05/2022

Galoupet Nomade is sold exclusively on e-commerce sites.
The brand enters the world of mass retailing with the distribution of its products in supermarket stores.
Moët Hennessy markets its Château Galoupet cru classé de Provence after its organic conversion, in a lightweight bottle made from 70% recycled glass and a flat bottle made from recycled plastic.

The LVMH group performed very well in 2018, with sales up 10% on 2017, and net income at +18%.