LVMH’s Wines & Spirits division delivered one of the strongest performances across the luxury conglomerate during the first half of 2026, as Champagne and Cognac rebounded despite continued geopolitical and economic uncertainty. The improvement came as the wider LVMH group reported revenue of €38.6 billion, down 3% on a reported basis but up 2% organically, with second-quarter growth accelerating to 3%. Moët & Chandon also completed its second season as the Official Champagne of Formula 1, continuing the brand’s renewed marketing push. The group said Hennessy maintained the positive momentum seen during Chinese New Year, helping offset continued uncertainty in other markets. Elsewhere within the portfolio, Provence rosé wines continued to post growth, with LVMH saying brand desirability, innovation and disciplined cost control remained priorities for the division.