LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after ...

Champagne shipments from France declined by more than 10% in 2024 – with many industry experts attributing the fizzling market to the entire planet’s collective bad vibes.

Champagne is having some problems. For the second consecutive year, and with no cause for celebration in sight, shipments of ...

The head of the Champagne producers association said that with inflation, global conflicts and economic uncertainty, this is ...

He added today’s global sour mood is “no time for celebration,” which has even played out in Champagne capital-of-the-world France, where sales have slid 7% to 118 million bottles, and the “domestic ...

LVMH, owner of brands like Dior and Givenchy ... third-party distributors after a report said the French luxury group's champagne reached Russia even after it halted business there.

The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second ...

"Champagne is quite linked with celebration, happiness, et cetera," LVMH's finance chief ... In 2024, overall luxury spending stagnated, with big brands seeing their share prices drop.

LVMH has stated the impossibility of controlling the final destination of products sold by third-party distributors after ...