The drinks company has long coveted LVMH’s wine and spirits division. But that might not be worth selling off Britain’s most ...

The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.

Luxury goods conglomerate LVMH, Europe's largest company by market value, said on Tuesday that its net profit fell 17 percent last year to 12.55 billion euros ($13 billion) as sales slipped 2 percent ...

Champagne sales have fallen to their lowest levels in over two decades, with shipments down nearly 10 per cent globally.

DRINKS company Diageo refuted rumours that it could sell Guinness or its 34 per cent holding in Moet Hennessy.

Luxury goods conglomerate LVMH, Europe's largest company by market value, said Tuesday that its net profit fell 17 percent ...

Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.

Media reports suggested Diageo was considering asset sales to boost growth, cashing in on high demand for Guinness.View on ...

LVMH stated it was "impossible" to control the final destination of products sold by third-party distributors after Moet Hennessy champagne reportedly reached Russia, despite halted operations there.

Bloomberg News previously reported that the UK drinks company was reviewing its portfolio, with a spin-off or sale of ...

A few Champagne producers have been royally downgraded.

Diageo is looking to sell Ciroc vodka, once backed by Sean 'Diddy' Combs, and could look to dispose of other underperforming ...