Finance

LVMH Champagne union calls for further strikes

Published by Global Banking & Finance Review

Posted on January 9, 2026

1 min read

· Last updated: February 27, 2026

Add as preferred source on Google
Quantoz Payments logo representing the appointment of Mark de Bos as Head of Finance - Global Banking & Finance Review
The Quantoz Payments logo highlights the company's announcement of Mark de Bos as Head of Finance, emphasizing his extensive experience in finance and compliance within the banking sector.
Global Banking & Finance Awards 2026 — Call for Entries

PARIS, Jan 9 (Reuters) - The CGT labour union at LVMH's Moet&Chandon and Veuve Clicquot champagne units called for new strike actions of "at least three hours of walkouts" on Thursday, in a video

LVMH Champagne union calls for further strikes

LVMH Champagne Strikes Overview

PARIS, Jan 9 (Reuters) - The CGT labour union at LVMH's Moet&Chandon and Veuve Clicquot champagne units called for new strike actions of "at least three hours of walkouts" on Thursday, in a video addressed to workers on Friday. 

Management at the unit had offered to pay a one-off 1,000 euros ($1,162.20) payment to workers after it said it would not pay usual annual bonuses amid a decline in sales. The offer "is not at the height of our expectations," CGT said.

LVMH's Moet Hennessy alcohol division had no immediate comment when contacted by Reuters.

Background of the Dispute

The CGT union had staged first strikes at the business last month, urging the luxury group to compensate workers for lost end-year bonuses. 

Management's Response

($1 = 0.8604 euros)

Union's Demands and Actions

(Reporting by Tassilo Hummel, writing by Louise Rasmussen, editing by Inti Landauro)

Key Takeaways

  • LVMH's Champagne union calls for new strikes.
  • CGT union demands better compensation for workers.
  • Management offers a one-off payment amid sales decline.
  • Previous strikes were staged last month.
  • LVMH's alcohol division has not commented.

Frequently Asked Questions

What is a labor union?
A labor union is an organization of workers that aims to protect their rights and interests, negotiate wages, benefits, and working conditions with employers.
What are annual bonuses?
Annual bonuses are additional payments made to employees, typically based on performance or company profits, provided at the end of the fiscal year.
What is employee compensation?
Employee compensation refers to the total remuneration an employee receives for their work, including salary, bonuses, benefits, and any other perks.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category