Tag "Moët Hennessy"

Wine sales slump as long-term decline continues

Producers in the category — which is facing a long-term decline as younger consumers opt for other drinks — are shifting their approach to the bottled beverages. Wine sales declined 8% in...

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Moët Hennessy invests in nonalcoholic champagne brand

The luxury beverage maker’s partnership comes after it reported declining revenue in the sparkling wine category in the first half of 2024. Moët Hennessy announced a significant minority investment in French...

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Despite the crisis, luxury items such as Moët Hennessy champagne are selling very well

Recession here or there, the demand for luxury goods continues to grow. A great example of this is the increased interest in Moët Hennessy champagne. “Demand is so high that...

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