LVMH: Champagne Hurt but Spirits “Withstood the Storm”
Dear Client:In its fourth quarter and full year results, LVMH Moet Hennessy saw organic revenues decline -14% for the year and -6% for the fourth quarter for its wine and spirits unit. â€œ2009 was a turbulent year,â€ said Christophe Navarre, head of LVMHâ€™s wine and spirits unit. â€œEighty percent of the drop in revenue was … Continue reading "LVMH: Champagne Hurt but Spirits “Withstood the Storm”"
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