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International Business Times
International Business Times
Business
AFP News

Strike At French Cognac Maker Hennessy Over Measures In China Spat

The Chinese move has shocked the industry (Credit: AFP)

Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday to protest measures the brand plans to employ to circumvent Chinese tariffs imposed in a spat with the EU.

Some 500-600 staff in cognac's home Charente region in southwestern France were protesting at an experimental plan to export the drink in vats, rather than bottles, which will be subject to additional taxes estimated at 35 percent, France's CGT and FO unions said.

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