SLIDE 40 Aug ust 13, 2013 China F ine Wine s, L L C.
40
Moë t- He nne ssy to pr
e d wine in China www.wine s- info.c om by 2012- 2- 17 10:28:42
Champagne make r Moë t-He nne ssy has inve ste d in a vine yar d in the mountains of China that will pr
e d wine for the dome stic Chine se mar ke t. Ac c or ding to a r e por t publishe d F e br uar y 14 in F r e nc h busine ss magazine Challe nge s.fr , luxur y br and L VMH has signe d an agr e e me nt with a major alc ohol, wine and spir its distr ibutor in China, VAT S, to de ve lop 30 he c tar e s of vine yar ds at an altitude of 2,400 m in the mountains of Yunnan, in southwe ste r n China. T he luxury Champagne br and has be e n going aggr e ssive ly afte r the Chine se mar ke t in r e c e nt ye ar s, having ac quir e d a Chine se spir its br and fr
e a of China five ye ar s ago. L ast ye ar , Moë t-He nne ssy also be gan pr
e mium spar kling wine in the pr
T he e xplosive gr
c lasse s in Chine se soc ie ty has be e n attr ac ting major wine br ands ar
ld. L e s Domaine s Bar
- ns de Rothsc hild also de ve lope d 25 he c tar
e s of vine yar ds in the pr
2008, with the goal of pr
- duc ing 240,000 bottle s of pr
e mium wine whic h will be age d until 2014, r e por ts Challe nge s.fr . Sour c e : AF P