MH USA is Having One of its “Best Years Ever”
In the years following the recession, demand for high-end wines and spirits has consistently risen like a fine souffle and Moet Hennessy USA, a company with a portfolio composed primarily of super premium and above products, is perhaps best situated to take advantage of the current trends. In fact, in the most recent set of Nielsen data, Moet Hennessy far outpaced all of its major competitors with sales up 11.4% for the 4 weeks through October 11, per UBS research. In comparison, sales for the spirits category were up 5% for the same period.
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