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THIS YEAR COGNAC HENNESSY EXPECTS TO SELL MORE IN THE USA THAN THE 4 MILLION CASES SOLD IN 2014

Moët Hennessy’s flagship  brand, namely, Hennessy Cognac continues to see sales increases in its U.S. market.

With a 64% share of the U.S. Cognac market, Hennessy’s accelerated pace helped drive the category’s total U.S. depletions to just under 4 million cases on a 7.7% increase last year.
Hennessy is trying to (1) widen Cognac’s audience and (2) cognac’s consumption occasions.

Hennessy Cognac is a leader in the category to invest in reaching out to mixologists and have significantly built up on this momentum. But also through its campaign “never stop.never settle” and the inspiration from the “wild rabbit“, Hennessy has drawn a great deal of positive attention.

The breadth Hennessy’s product line allows the brand to cover wider market segments: VS ($32), Black ($40) and VSOP Privilège ($50-$60) tiers. In a Upward stretch the range also includes Hennessy XO ($160), Paradis ($250), Paradis Impérial ($3,000) and the deluxe model Hennessy Richard ($4,800).

With Hennessy’s limited edition Artist Series bottles, such as with with OS GEMEOS, FUTURA, SHEPARD FAIREY, KAWS, KESH BURROWS, and more recently RYAN MCGINNESS.

The brand is able to provide experiential marketing views so important to millennial consumers as emotional references. This target is very focused on the pleasurable and meaningful aspects of brand interaction.

Hennessy Product Line 2015

Hennessy Product Line 2015

To keep up with growing global demand, Moët Hennessy recently broke ground on a new 26,000-square-meter (280,000-square-foot) shipping and bottling facility in Cognac. The Pont Neuf facility will have a production capacity of about 10 million cases a year when it becomes operational, expected by 2017.

Source: Shanken News, Hennessy Cognac

2 comments on “THIS YEAR COGNAC HENNESSY EXPECTS TO SELL MORE IN THE USA THAN THE 4 MILLION CASES SOLD IN 2014

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    November 16, 2016

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    • cognacs
      November 30, 2016

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This entry was posted on October 21, 2015 by in Hennessy, Uncategorized and tagged , .
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