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LVMH Wine & Spirits Q1 2026 sales rebound driven by Champagne, China demand
LVMH’s wine and spirits division rebounds in Q1 2026 as Champagne stabilises and Asian demand strengthens, though weak US demand and Cognac uncertainty weigh on outlook.
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Sula Vineyards acquires Moët Hennessy’s Chanon estate in India
Sula Vineyards to acquire Chandon estate in Nashik, boosting production capacity and wine tourism ambitions as Moët Hennessy exits wine production in India.
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LVMH wine and spirits revenue falls 5% in 2025 as Champagne shows resilience
Champagne resilience offsets weaker cognac demand as LVMH’s wine and spirits division posts lower 2025 earnings.
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LVMH sees modest Q3 growth in wine and spirits as champagne offsets cognac declines
The luxury group’s wine and spirits division reported slight third-quarter growth, fueled by resilient Champagne demand and improved rosé wine sales.
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LVMH Moët Hennessy names Thomas Mulliez as new President of Veuve Clicquot Ponsardin
Thomas Mulliez takes the helm at Veuve Clicquot Ponsardin as Moët Hennessy reshapes leadership amid restructuring efforts.