Champagne revenues plummet in 2020

It may not come as a surprise that Champagne sales dropped over the past year. BoldData, a provider of information to research companies and FMCG companies, has shared a list that shows the revenues of the leading 100 Champagne houses.    

The wines and spirits division of LVMH (Louis Vuitton Moët Hennessy) owns six iconic Champagne brands including Veuve Clicquot, Moët & Chandon and Dom Pérignon. Moët & Chandon is the biggest Champagne house with 64.7 million bottles sold last year, at prices starting at around €40 a bottle. All Moët Hennessy brands together make up for an annual revenue of €2.21 billion and a total of 2.485 employees.

Source: BoldData 

Vranken-Pommery Monopole is the second largest Champagne group, with a revenue of €218.8 million. The group owns five Champagne brands including Vranken, Demoiselle, Charles Lafitte 183, Pommery and Heidsieck & Co. Monopole. Vranken-Pommery Monopole manages 2,600 hectares of land (largest in Europe), spread over four vineyards in Champagne, Provence, Camargue and Douro.

Vranken-Pommery Monopole is closely followed by the Champagne houses of Nicolas Feuillatte (€211.9 million revenue) and Laurent Perrier (€206.2 million revenue). The top 10 is completed by Compagnie Champenoise PH-CS – better known as Piper Heidsieck - with an annual revenue €109.2 million. Gosset- the oldest Champagne House - can be found at spot 33 in the list with an annual revenue of € 23.7 million.

Champagne is the luxury beverage of choice for celebrations. But as there wasn’t much to celebrate in 2020 due to COVID-19, sales of Champagne have tumbled over the past year. An estimated 100 million bottles are expected to remain unsold. Vranken-Pommery Monopole already reported Champagne sales went down 23% in the first half of 2020, as hotels and restaurants closed.  

To see the entire list, go to https://bolddata.nl/en/biggest-champagne-companies/