MHCS (LVMH), leading champagne seller in 2024

The Union des Maisons de Champagne has just published its ranking of champagne companies based on their turnover. Moët Hennessy Champagne Services (MHCS), a subsidiary of the LVMH group, continues to lead the way. It is followed by Vranken-Pommery Monopole and Laurent Perrier.

 

In its 2024 ranking of champagne houses, the Union des Maisons de Champagne highlights a high concentration of large groups (MHCS, Vranken-Pommery Monopole, Laurent Perrier, Lanson-BCC, Pernod Ricard with Perrier-Jouët and Arvitis Canard-Duchêne), which account for three-quarters of the Champagne region’s total turnover, while independent or family-owned houses, which make up the majority of the Champagne wine ecosystem, have to settle for more modest turnover.

 

The large Houses and groups operate a diversified portfolio of brands that they need to promote.

 

The hundred or so Houses in the Champagne region account for more than two-thirds of total Champagne sales and more than 85% of total exports (to 200 countries).

 

Prestigious Top 5

 

With $1.83 billion in sales, Moët Hennessy Champagne Services (MHCS), a subsidiary of luxury goods giant LVMH, tops the rankings. This entity comprises the world-renowned brands Moët & Chandon, Dom Pérignon, Mercier, Janisson & Fils, Ruinart, and Veuve Clicquot.

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Read also > Champagne: EPC acquires Charles Mignon

 

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Victor Gosselin
Victor Gosselin is a journalist specializing in luxury, HR, tech, retail, and editorial consulting. A graduate of EIML Paris, he has been working in the luxury industry for 13 years. Fond of fashion, Asia, history, and long format, this ex-Welcome To The Jungle and Time To Disrupt likes to analyze the news from a sociological and cultural angle.

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