The luxury group’s wine and spirits division reported slight third-quarter growth, fueled by resilient Champagne demand and improved rosé wine sales.
Thomas Mulliez takes the helm at Veuve Clicquot Ponsardin as Moët Hennessy reshapes leadership amid restructuring efforts.
Patrick Madendjian takes over North Asia leadership as Moët Hennessy navigates falling global sales and major organizational shifts.
LVMH faces declining sales in Q1 2025 as tariffs and falling demand impact key markets and product categories.