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. “2009 was a turbulent year,” said Christophe Navarre, head of LVMH’s wine and spirits unit. “Eighty percent of the drop in revenue was … Continue reading "LVMH: Champagne Hurt but Spirits “Withstood the Storm”"

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