He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
Queen Victoria first made Champagne Lanson an official supplier to the Royal Court of England in 1900. Now, 125 years later, King Charles III has revoked the so-called warrant, and the French producer ...
A potential spin off or sale of iconic Irish stout Guinness is amongst the range of possibilities being considered by owner ...
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after ...
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 ...
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their ...
The total number of Champagne shipments from France sank by almost 10% last year to 271 million bottles, marking the second ...
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.
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.
"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.