Wednesday, March 28, 2012

Louis Vuitton Group in Yunnan to invest in building the vineyard

Subsidiary of French luxury goods giant Moet Hennessy - Louis Vuitton Group (LVMH), Moet Hennessy in mountainous areas of Yunnan, China will invest in an area of ​​30 hectares of vineyards, wine brewing in the local, and is expected in four within five years, produced the first high-quality red wine.

According to the French "Tribune" reported that, jointly set up a joint venture of Moet Hennessy and Chinese liquor dealers Hua Ze Group (Vats) will be responsible to build an area of ​​30 hectares of vineyards in the mountains of Yunnan 2400 m above sea level.

LVMH Group, Yunnan red wine produced will ensure superior quality. This is also the world's largest luxury goods group's first foray into the market of China's wine production. Hennessy had five years ago, the acquisition of liquor brands in China's Sichuan Wenjun wine, since May last year, Hennessy began in Ningxia to produce a quality sparkling wine.

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