Sparkling sales for Vranken-Pommery Monopole

Sparkling sales for Vranken-Pommery Monopole

French champagne group Vranken-Pommery Monopole has seen its turnover grow 7.3 % in the third quarter, which partially makes up for its weak start of the year.

Catch up

Particularly champagne sales have grown a lot, 8.5 % thanks to several marketing campaigns in Northern Europe. Over the past three quarters, the like-for-like turnover grew 2.3 %, which means Vranken is catching up after an abysmal first half of the year (with a 7.8 % like-for-like turnover drop).

 

Vranken is still convinced it can reach its full-year forecasts, as more than half of its turnover comes from the holiday period.

 

Vranken-Pommery Monopole is the second largest European champagne group and Europe's largest wine group. French Paul-François Vrancken, originally from Limburg (Belgium), owns 70.9 % of the company.

Questions or comments? Please feel free to contact the editors


Slower growth for Primark

18/01/2018

Irish fashion chain Primark’s first quarter turnover grew 7 % at level exchange rates and 9 % taking the fluctuations into account. Analysts had forecast higher numbers however.

Zalando's profit is slightly below expectations

17/01/2018

German fashion web shop Zalando has grown nearly a quarter in the past fiscal year and its company profit also nearly grew 5 %, although the latter was slightly below its own expectations.

Record turnover for Yoox Net-a-Porter in 2017

16/01/2018

Online retailer Yoox Net-a-Porter (YNAP) achieved a record turnover in 2017, surpassing two billion euro. That is a growth of more than 10 % compared to the year before, when it just missed that milestone.

Hugo Boss reaches growth targets for 2017

16/01/2018

German fashion brand Hugo Boss has managed to reach its targets for 2017, partially thanks to strong fourth quarter growth. For its full fiscal year, turnover grew 3 % (excluding exchange rate fluctuations).

C&A owners consider sale to Chinese investors

15/01/2018

The Dutch Brenninkmeijer family is considering to sell clothing chain C&A according to German magazine Der Spiegel. One option is to sell to Chinese buyers.

Gucci opens restaurant and museum in Florence

12/01/2018

Fashion brand Gucci has opened a museum and a restaurant for fifty people in Florence. Three-star chef Massimo Bottura will serve high-quality meals there. A dish will cost between 20 and 30 euro.

Back to top