The Story of Money
The Story of Money
Financial Times
Inside Moët Hennessy’s crisis
22 minutes Posted Jun 18, 2025 at 4:00 am.
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Show notes

LVMH’s wine and spirits division, Moët Hennessy, has long been a source of success – and cash – for the luxury goods behemoth. But more recently, that’s changed. The FT’s Paris correspondent Adrienne Klasa, found that certain strategic decisions made under the company’s former CEO have contributed to a change in its fortunes. She examines the missteps and whether the division can make a comeback. 


Clips from Olympics


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For further reading:

Moët Hennessy’s crisis: dubious deals, soaring prices and hubris 

Alcohol groups face a sobering cultural shift

Moët Hennessy to cut 10% of workforce as luxury slowdown bites


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Follow Adrienne Klasa on X (@AdrienneKlasa). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


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