Veuve Clicquot
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Union at LVMH's champagne brands calls for a new strike on February 3
Reuters· 2026-01-29 08:21
Core Viewpoint - The CGT labor union at LVMH's Moet & Chandon and Veuve Clicquot champagne units has announced a new strike action scheduled for February 3, as per a CGT press release [1] Group 1 - The strike action is called by the CGT labor union, indicating potential labor unrest within LVMH's champagne units [1] - The affected brands, Moet & Chandon and Veuve Clicquot, are significant players in the luxury champagne market, which may impact production and sales [1] - The announcement of the strike suggests ongoing labor negotiations or disputes that could affect the operational stability of these brands [1]
LVMH wine-and-spirits arm ends 2025 on sour note
Yahoo Finance· 2026-01-27 18:26
LVMH’s wine-and-spirits sales fell again in the final three months of 2025, sliding back after a positive third quarter. The Moët & Chandon and Hennessy owner booked a 9% decrease in organic revenue from wine and spirits for the fourth quarter, a result that contributed to an annual decline of 5%. LVMH’s wine-and-spirits business, which also includes brands such as Glenmorangie whisky and Belvedere vodka, has struggled for growth in recent quarters. In the third quarter of 2025, the division’s sales ros ...