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    CEO Philippe Schaus talks about Moët Hennessy's success in India's wine and spirits market
    Moët Hennessy, the luxury wines and spirits division of LVMH, is expanding product categories in India to meet growing demand. CEO Philippe Schaus revealed that the Indian market is still in its infancy, but profitable. The company is betting big on India and has made significant investments, including in the Chandon winery in Nashik. Moët Hennessy is introducing new brands, exploring opportunities in whisky, and focusing on high-end dark spirits.
    Moet Hennessy sees the right spirit in India
    "Currently, we are focusing in India on Hennessy Cognac, Glenmorangie whisky and Chandon Sparkling wine, and to a lesser degree, on our champagnes which are purchased more outside India than within India," Schaus said.
    LVMH-backed Moet Hennessy enters still wines segment
    Moet Hennessy India, part of LVMH, has launched Chandon Aurva, a still wine, in India. The move is aimed at expanding the company's wine portfolio in the country while maintaining a focus on authenticity and quality. Priced at Rs 4,250, Chandon Aurva will initially be available in select upscale retail stores and later extended to other markets.
    Biden administration taps Google chair for chips research effort
    The Biden administration says it has picked the chairman of Google parent Alphabet Inc , John Hennessy, and four other technology industry experts to help with research and development of next-generation computer chips.
    Biden aides tap Alphabet chairman John Hennessy for chips research effort, officials say
    Hennessy and other selected individuals are set to be announced by the Commerce Department on Tuesday, according to the officials, who declined to be identified. They will be responsible for picking a board of trustees to run the National Semiconductor Technology Center.
    View: Succession is tricky, none trickier than the richest person choosing who follows him
    The case of the family of Bernard Arnault, chairman-CEO of Louis Vuitton, and world's richest man, is just as speculative as the Roys and Murdochs. Eldest child, Delphine, and four sons, Antoine, Frederic, Alexandre, and Jean - each with roles in the luxury fashion house empire, vying for control. Arnault Sr responded to an analyst's question regarding succession plans earlier this year: 'You will have noticed that the retirement age is being raised.'
    The Economic Times
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