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Wine sales slump as long-term decline continues
Date: 2024-10-29 10:50:37
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
Date: 2024-10-08 09:21:18
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
Date: 2022-11-17 13:26:37
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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