Moët Hennessy Running Out of Champagne, CEO Says

The transcript discusses the champagne market, highlighting sales trends, stock issues, and the impact of COVID-19. It explores the significance of the Dubai and Middle East markets, potential liberalization in Saudi Arabia, and the challenges of pricing and costs. The reopening of China's market is anticipated to boost demand. Celebrity partnerships, such as with Jay-Z and Lady Gaga, are emphasized for their branding power.

What are the key uncertainties affecting the champagne market today?

What preparations are being made for the anticipated reopening of the Chinese market?

How does the partnership with celebrities like Jay-Z and Lady Gaga impact the brand?