LVMH is having Champagne problems. Chief financial officer Jean-Jacques Guiony thinks it could come from fewer celebrations for people to pop the bottle. The company sold 15% fewer Champagne bottles ...

The downward trend began in 2023, when shipments dropped 8.2 percent to 299 million bottles. (The previous year, exports actually increased by 4.3 percent, with shipments totaling a comparatively ...

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) - France's champagne producers on Friday called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in the first half of the year as ...

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 pandemic-related ...

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 ...

PARIS, July 19 (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 ...