Editing LVMH (section)

=== 2025 Wine & Spirits Division financial crisis ===
In May 2025, The Financial Times reported that Moët Hennessy, LVMH’s wines and spirits division, had undergone a significant financial and strategic crisis under former CEO Philippe Schaus. The investigation cited a reversal from over €1 billion in cash flow in 2019 to a €1.5 billion cash burn in 2024, linked to aggressive price increases, a series of acquisitions, and cultural tensions within the group. The article also raised questions about LVMH’s executive oversight during this period.<ref>{{Cite web |last=Klasa |first=Adrienne |date=14 May 2025 |title=Dubious deals, soaring prices and hubris: inside Moët Hennessy's crisis |url=https://www.ft.com/content/5fdf5c34-cb1d-40da-8e7c-8daca5d84fd3 |access-date=16 May 2025 |website=Financial Times}}</ref><ref>{{Cite web |last=Michentef |first=Sophie |date=15 May 2025 |title=CHAMPAGNE: CLOUDS GATHERING AT MUMM (PERNOD RICARD) AND MOËT-HENNESSY (LVMH) |url=https://luxus-plus.com/en/champagne-clouds-gathering-at-mumm-pernod-ricard-and-moet-hennessy-lvmh/ |access-date=16 May 2025 |website=LUXUX +}}</ref><ref>{{Cite web |last=Arundel |first=Sophie |date=16 May 2025 |title=Workers strike at LVMH and Pernod Ricard Champagne houses |url=https://www.thedrinksbusiness.com/2025/05/workers-strike-at-lvmh-and-pernod-ricard-champagne-houses/ |access-date=16 May 2025 |website=The Drinks Business}}</ref><ref>{{Cite web |last=Hummel |first=Tassilo |date=12 May 2025 |title=Moet Hennessy woes test Alexandre Arnault's credentials |url=https://www.reuters.com/business/retail-consumer/moet-hennessy-woes-test-alexandre-arnaults-credentials-2025-05-12/ |access-date=16 May 2025 |website=Reuters}}</ref>