Champagne

French Wine Output Seen Falling By A Quarter Due To Adverse Weather

France's wine output is expected to fall by nearly a quarter this year after adverse weather hurt vineyards throughout the cycle with the Champagne region...

LVMH Sales Fall 3% As Demand For Luxury Goods Worsens In China

LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and J...

France Cuts Wine Output Estimate As Harvest Confirms Weather Damage

France cut its projection for this year's wine crop following the rainiest September in 25 years, with 2024 now forecast to be among the worst recent vinta...

Vranken-Pommery Monopole Reports Growth In Operating Income In First Half

Champagne house Vranken-Pommery Monopole has reported a 16.7% year-on-year increase in operating income to €14.7 million.

LVMH-Owned Brands Dominate The 'Most Valuable Wine Brands' List

LVMH-owned brands Moët & Chandon, Chandon, Veuve Clicquot and Dom Pérignon are the most valuable wine and champagne brands on the planet, a...

French 2024 Wine Production Seen Falling After Wet Weather

Wine output in France is set to fall sharply this year after very humid weather helped develop diseases across French vineyards.

Champagne Makers Call For Reduced Grape Harvest After 15% Drop In Sales

France's champagne producers have 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...

Waitrose Announces Price Cuts On More Than 200 Products

Upmarket UK retailer Waitrose & Partners will lower the prices of over 200 daily essentials, including everyday foods like chicken breasts, potatoes, b...