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THE PRICE OF ABRAU-DYURSO SHARES ROSE AFTER SUSPENSION OF SUPPLIES OF MOET HENNESSY SPARKLING WINE

... of Moet Hennessy due to the changes in Russian legislation. Earlier, Moet Hennessy announced a temporary stop in the supplies of products to Russia - the manufacturer needs to change the inscriptions on the labels. The fact is that the notion of ‘champagne’ can now be used only in relation to Russian alcoholic beverages. Moet Hennessy will have to label its products with the word ‘sparkling wine’ The corresponding decree was signed by Vladimir Putin on July 2. French champagne accounted for 13% ...

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