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.

This glass is half empty. Champagne shipments from France have slumped for a second straight year as consumers are more closely minding their pocketbooks and the state of the world has put people in ...

BRUSSELS (Reuters) - The European Union's exports of sparkling wine to the rest of the world fell last year for the first time in a decade, Eurostat said on Friday, largely because of a massive drop ...

PARIS (Reuters) - Champagne sales and exports are expected to fall this year, pressured by inflation and a return to a more normal rhythm after record sales in the past two years due to the lifting of ...