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Bottom ahead of Moët Hennessy champagne stock | Economy

Stocks of Moët Hennessy, best known for Moët & Chandon champagne, are running low. Now that the corona restrictions are mostly over worldwide, we are drinking so much bubbly again that the bottom is in sight.

That’s what topman Philippe Schaus of Louis Vuitton Moët Hennessy (LVMH) said. Bloomberg TV.

According to the top man, internally we talk about the ‘roaring twenties’: the period after the First World War in which people partied and drank a lot. “We’re running out of supplies,” Schaus said. These are some of the best champagnes from the Moët stable.

Stocks will be replenished in the new year. Traditionally, a lot of champagne is drunk to celebrate the New Year.

In addition to Moët & Chandon with the renowned Dom Pérignon, Krug and Veuve Clicquot are also in the LVMH cellars.

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