Champagne prices to surge

by Ladka Bauerova at Bloomberg News

LVMH Moet Hennessy Louis Vuitton SA, the world's largest producer of champagne, will increase prices again this year as global demand for Dom Perignon and Veuve Clicquot surges. LVMH, whose brands also include Krug, Moet & Chandon and Ruinart, raised prices by five percent on average last year to offset increasing

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