Champagne

Champagne Shipments Hit By Gloomy Consumer Mood In 2024

French champagne shipments fell by nearly 10% last year as economic and political uncertainties hit consumers' appetite for the sparkling wine in key marke...

Trump Tariff Plan Puts Diageo, Becle Tequila Imports Worth $3bn At Risk

Some $3 billion (€2.9 billion) in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk f...

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...