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Champagne sales are tanking. An LVMH exec thinks people aren't happy enough to pop bottles.

LVMH's Champagne shipments were down 15% in the first six months of the year, compared with 2023.

By: Business Insider

Jul 26 2024
6
352 Views

Champagne sales are tanking. An LVMH exec thinks people aren't happy enough to pop bottles.

LVMH saw an 8% year-over-year decline in revenue for Champagne in 2024.Annie Mulligan/Getty Images

LVMH's Champagne shipments were down 15% in the first six months of the year, compared with… [+2962 chars]

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