By
Reuters
Revealed
November 19, 2024
Round 500 workers at Hennessy, the cognac maker owned by French luxurious large LVMH, went on strike on Tuesday, a union consultant mentioned, to protest what he mentioned was a plan to doubtlessly bottle the brandy in China to keep away from tariffs.
Beijing imposed duties of greater than 30% on imports of bottled brandy from the European Union in October, hitting Hennessy in addition to different French corporations equivalent to Remy Cointreau and Pernod Ricard.
A plan to ship cognac in containers and bottle it in China somewhat than France was mentioned final week by trade physique Le Syndicat des Maisons de Cognac (SMC), mentioned Michael Lablanche, a regional consultant for the CGT labour union.SMC couldn’t instantly be reached for remark.
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