Finance
Lvmh Champagne Union Calls for Further Strikes
Published by Global Banking & Finance Review®
Posted on January 9, 2026
1 min readLast updated: February 27, 2026
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Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on January 9, 2026
1 min readLast updated: February 27, 2026
Add as preferred source on GoogleLVMH Champagne union plans further strikes over bonus disputes, demanding better compensation. Management offered a one-time payment amid declining sales.
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.
The CGT union had staged first strikes at the business last month, urging the luxury group to compensate workers for lost end-year bonuses.
($1 = 0.8604 euros)
(Reporting by Tassilo Hummel, writing by Louise Rasmussen, editing by Inti Landauro)
A labor union is an organization of workers that aims to protect their rights and interests, negotiate wages, benefits, and working conditions with employers.
Annual bonuses are additional payments made to employees, typically based on performance or company profits, provided at the end of the fiscal year.
Employee compensation refers to the total remuneration an employee receives for their work, including salary, bonuses, benefits, and any other perks.
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