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Latin Times
Latin Times
National
Maryam Khanum

Hennessy Plans to Move Cognac Bottling from France to China in Major Break with Tradition

Hennessy China France LVMH Alcohol Luxury

On Tuesday, French luxury conglomerate LVMH announced that it would be considering plans to shift bottling to China in an attempt to cope with protectionist measures enforced upon imports of European alcohol.

Last month, Beijing enacted anti-dumping measures by placing steep fees on imports of European brandy. This followed a vote by the European Union in which the body decided to increase tariffs on imports of electric vehicles manufactured by Chinese companies.

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