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Article: LVMH is to set up a new U.S. subsidiary.(LVMH Moet Hennessy Louis Vuitton S.A. merges with Belvedere vodka business)(Brief Article)
- Article from:
- Food & Drink Weekly
- Article date:
- March 7, 2005
CopyrightCOPYRIGHT 2005 Informa Economics, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LVMH is to set up a new U.S. subsidiary. The company, whose brands include Glenmorangie Scotch whisky and Hennessy Cognac, will call the subsidiary Moet Hennessy USA. It will be responsible for the commercial and marketing services of its wines and spirits brands. LVMH will merge its current operations in the U.S., which include Shieffelin and Co, Cliquot Inc and Millennium Import LLC, into the new entity from today. Moet Hennessy also said it would now be taking full control of ...