China Tariffs Drive and Derail LVMH's Bulk Cognac Plan

To circumvent China's tariffs on imported liquor, LVMH initiated a trial on November 15, 2024, involving a 1,000-liter bulk shipment of Hennessy VSOP Cognac to China for bottling. The feasibility of relocating bottling to China as a tariff workaround hinges on the outcome of this experiment.

Hennessy has announced the "suspension" of its trial project to ship bulk Cognac to China for bottling. This decision, reported by Terre de Vins and cited by Just Drinks, follows criticism in the Cognac region regarding the plan, which was a reaction to Chinese tariffs. In a statement, Hennessy indicated the suspension is temporary, pending developments in the political and diplomatic situation.

為了規避中國對進口烈酒徵收的關稅,LVMH 於 2024 年 11 月 15 日啟動了一項試驗,將 1000 升的軒尼詩 VSOP 干邑散裝運往中國進行裝瓶。將裝瓶業務遷往中國作為關稅規避方案的可行性,取決於這項實驗的結果。

軒尼詩已宣布「暫停」其將散裝干邑運往中國裝瓶的試驗項目。據《葡萄酒產區》(Terre de Vins)報導並經《Just Drinks》引用,此決定是在干邑地區對該計劃(此計劃是對中國關稅的回應)提出批評之後做出的。軒尼詩在一份聲明中表示,此次暫停是臨時性的,等待政治和外交局勢的發展。

Terence WongComment