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LVMH: Champagne in short supply

LVMH: Champagne in short supply

LVMH: Champagne in short supply

Feb 4, 2011 , by 6
Champagne supplies are beginning to run dry after the sector staged a 'remarkable' recovery from the economic downturn, according to luxury goods giant LVMH (Moet Hennessy Louis Vuitton). Announcing 19% growth in wine and spirit revenues to €3.26bn during 2010, LVMH chairman and CEO Bernard Arnault said prestige cuvees including Dom Perignon and Krug had been the star performers.


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