эFears of Christmas champagne shortage as world’s biggest producer warns stocks are running low
Moët running out of champagne as demands for bottles in the US soars
Champagne stocks risk running out before Christmas, the boss of one of the world’s biggest producers has warned, as Americans take advantage of the strong dollar to snap up bottles of French fizz.
Philippe Schaus, chief executive of Moët Hennessy – whose brands include Veuve Clicquot, Dom Périgno and Moët & Chandon – said his company was "running out of stock" at a press conference in Singapore on Tuesday, raising the spectre of shortages over the festive season.
Mr Schaus said demand was so strong that his company was calling it the “roaring 20s”. American customers have capitalised on the comparative strength of the US dollar to snap up bottles of bubbly.
The comments raise the spectre that families will be forced to raise a toast with alternative sparkling wine over the festive season. Jean-Jacques Guiony, finance chief of LVMH, Moët Hennessy's parent company, has previously warned that stocks may not last until Christmas.»
https://www.telegraph.co.uk/business...tles-us-soars/
Moët running out of champagne as demands for bottles in the US soars
Champagne stocks risk running out before Christmas, the boss of one of the world’s biggest producers has warned, as Americans take advantage of the strong dollar to snap up bottles of French fizz.
Philippe Schaus, chief executive of Moët Hennessy – whose brands include Veuve Clicquot, Dom Périgno and Moët & Chandon – said his company was "running out of stock" at a press conference in Singapore on Tuesday, raising the spectre of shortages over the festive season.
Mr Schaus said demand was so strong that his company was calling it the “roaring 20s”. American customers have capitalised on the comparative strength of the US dollar to snap up bottles of bubbly.
The comments raise the spectre that families will be forced to raise a toast with alternative sparkling wine over the festive season. Jean-Jacques Guiony, finance chief of LVMH, Moët Hennessy's parent company, has previously warned that stocks may not last until Christmas.»
https://www.telegraph.co.uk/business...tles-us-soars/
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