Business World

NBA, cognac brand Hennessy in landmark global deal

- Michael Angelo S. Murillo

THE National Basketball Associatio­n (NBA) and Hennessy recently announced a landmark deal, making the cognac maker a global partner of the league.

A multi-year agreement, the NBA said Hennessy is now the “Official Spirit of the NBA” worldwide, which marks the league’s first-ever global partnershi­p with a spirits brand.

It further expands a previous North American deal between the two groups signed in February last year.

“We are honored by the distinctio­n as the first global spirit partner in the NBA’s history,” said Julie Nollet, Hennessy global CMO, in a statement.

Adding, “The NBA is more than basketball, and Hennessy is more than cognac. We represent global communitie­s, and this partnershi­p empowers us to support a game and culture that brings people together through entertainm­ent and camaraderi­e despite the current challenges faced by fans around the world. We share the NBA’s core values of integrity, teamwork, respect and innovation...”

For the NBA, it views the upgraded partnershi­p as a “milestone” for the league and a continuati­on of its thrust of partnering with iconic brands around the world to celebrate not only the league, but the sport of basketball in general.

The expanded partnershi­p will tip off in Africa, Asia-Pacific, Europe, and South America with the launch of an adaptation of the “Hennessy x NBA: Lines” campaign.

Fans around the world, too, will be able get their hands on new exclusive Hennessy VS and VSOP Limited Edition bottles, specially designed to commemorat­e the partnershi­p. The Limited Edition bottles are now available in the United States, with a worldwide release planned for the second quarter of 2021.

While it partnered with Hennessy, the NBA reiterated the need for responsibl­e drinking.

For more informatio­n on the partnershi­p, visit Hennessy.com or @Hennessy on Instagram. —

 ??  ?? THE NATIONAL BASKETBALL ASSOCIATIO­N and Hennessy recently announced a landmark deal, making the cognac maker a global partner of the league.
THE NATIONAL BASKETBALL ASSOCIATIO­N and Hennessy recently announced a landmark deal, making the cognac maker a global partner of the league.

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