King Charles Drops Champagne Brands, Adding Pressure to Luxury Sector
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 ...
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
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Champagne sales sink because people don’t want to celebrate
LVMH is the world’s biggest Champagne producer and owns Dom Pérignon, Krug and Veuve Clicquot among other brands. Last year, the company invested an undisclosed price in French Bloom ...
Diageo Weighs Options for Guinness in Portfolio Review
Diageo Plc is reviewing its portfolio, including Guinness beer and a Champagne and Cognac partnership with LVMH, as Chief ...
Restaurants, Food and Drink
The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second ...
Champagne exports are slumping because people aren't in the mood to celebrate inflation and conflicts, chief of French producers' association says
The head of the Champagne producers association said that with inflation, global conflicts and economic uncertainty, this is ...
Paris Olympics Medals Are Tarnishing, Putting LVMH in the Spotlight
The medals were designed by a jewelry maker owned by the French luxury conglomerate, which has declined to comment on their ...
Diageo stock jumps on possible Guinness sale
The strategic review has sparked interest among investors as the company explores various options, such as a potential spinoff or sale of the iconic Guinness brand, which could be valued at over $10 ...