People aren’t popping Champagne like they used to. Luxury giant LVMH – the company behind Dior, Tiffany & Co., and a number of champagne labels – reported a 15% decline in Champagne sales in ...

LVMH's Champagne shipments were down 15% in the first six months of the year, compared with 2023. CFO Jean-Jacques Guiony theorized that consumers aren't happy enough to celebrate with Champagne.

Champagne Lallier was the exclusive champagne at the 97th Academy Awards, kicking off a multi-year partnership with the Academy of Motion Picture Arts and Sciences News Today's news ...

Luxury goods company LVMH is seeing a drop in revenue for champagne sales in 2024 -- and the brand's chief financial officer thinks it might be because there's not much to celebrate.

French luxury giant LVMH first signaled in July that 2024 was going to be a rough year for Champagne when it reported a 15% decline in sales of bubbly for the first half of the year.

While LVMH’s champagne and wine sales generated $1.52 billion in revenue in the first half of this year, that’s a 12% decline from the division’s take last year, according to the company’s ...

Champagne shipments in the first half of 2024 are down over 15% from 2023 levels, according to reporting from Reuters. Shipments in the first half of this year reached 106.7 million bottles.

Sales dipped nearly 10% in 2024 to 271 million bottles, according to Comité Champagne, which represents around 320 Champagne houses and 16,000 winegrowers.

Champagne Lallier was the exclusive champagne at the 97th Academy Awards, with stars enjoying Brut R.019 from the Réflexion series. Buy it online here Champagne Lallier 2025 Oscars Bottle: Where ...

LVMH hit by cognac crisis and champagne slump. The Moët Hennessy division, which includes Hennessy cognac and prestigious champagne brands, saw its operating profit drop by 36% in 2024.

LVMH is buying a stake of around 30% in the company, amid a surge in popularity for low- and no-alcohol drinks and a tough market for Champagne. LVMH Bets on Booze-Free Bubbles at $100-Plus a Bottle ...

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, ...