ECONOMY
AND STATISTICS
Even
privately owned and run Champagne Houses are highly productive
companies whose principal activity is using the finest grapes
to create Champagne wines to be sold worldwide.
They choose their
grapes from different areas of the Champagne Appellation according
to their individual preferences for ‘cepages’ and ‘crus.’ The
grapes are processed separately to convert them to wines which
are then blended together according to century old rules and traditions
shrouded in secrecy. It is because of this insistence on tradition
that each Champagne House can guarantee their clients the specific
taste they know and expect
Numbering
approximately 100, the Champagne Houses account for:
- More than 2/3 of Champagne
sales ( ),
- More
than 90 % of all the Champagne wine exported worldwide,
reaching over 160 countries
around the globe. These Champagne Houses reinforce and develop
the prestigious reputation of the most famous wine in the world.
The revenue generated by the Champagne Houses, over half of which
comes from exports, plays a vital role in France’s balance
of trade. It corresponds to the sale of 20 new Airbus planes
or more than the cost of the oil required by the entire of France
for a week.
- 4.000 Champagne House employees, including 500 who are exclusively
dedicated to tending the vineyards, contribute to these revenues
and are rewarded by a highly respected
social status, the origins
of which date back to 1936. It is just one sign of the generosity
that the major Champagne Houses extend to their employees and
co-workers.
The analysis of the
economic value of a Champagne House’s
business is difficult because of the specific elements which
make up each House :
- Some are over a hundred years old, others
have been recently created;
- some own large vineyards, others
buy grapes from vine growers;
- some focus on exports and are known
worldwide, others dedicate themselves almost exclusively to the
French market;
- some only sell their own brand of Champagne,
while others make, as a certain part of their produce, ‘cuvées’ on
behalf of clients outside of the Champagne Appellation for other
wine houses to sell them under their own name.
As
with all economic sectors, annual turnover remains
the principal point of reference, but it is important to know
that in the Champagne
region it is not the only point of interest.
If the Houses and their Grandes Marques send the 2/3 the volume of bottles, they realize the 3 4 of the total turnover of Champagne..
Before the Second World War, 2/3 of the wine produced in Champagne
was for the export market, with 1/3 for domestic consumption,
but that ration has since been reversed. The spectacular growth
in French Champagne consumption can be accounted for by the
combined effect of the improvement in French quality of life
and the dramatic increase in bottles sold by wine makers and “cooperatives” in
France.
While only 1/3 of the Champagne currently produced in the region
is currently exported, over 90% of the volume exported is sold
by the ‘Grandes Marques’ and Champagne Houses, at 1.7
billion euros in value. This accounts for 1/3 of the revenue generated
globally by French wine exports.
Nearly two-thirds of turnover 2007 have been achieved by large Properties (5 Groups) whose turnover "Champagne" (a) dépassse 130 million euros
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The rapid growth of sales over the last few years and the size of the
capital assets required by such activity have led to the development
of some very economically important Champagne Houses. Some of them
belong to the top economic level of wine and liqueur producers.
(a) Progressively lower ranking based on the turnover for Champagne
activity alone, not the turnover published in official balance sheet.
(Click on the name to get a detailed profile.)
Some
of the well known Champagne Houses belong to the same large investment
groups, yet each brand manages to distinguish itself from the others
by its diversified grape suppliers and its distinctive wine making
techniques. By doing so, each brand keeps the characteristic taste
that clients around the world expect.
More
than one third of the total turnover generated by
the Champagne industry is made by approximately 20
groups or Houses. |
These
tradition orientated businesses are now also characterised by a
turnover of between 10 and 100 billion euros per annum. The international
fame and prestige enjoyed by these enterprises is based on the
very idea of a familial business structure and sense of history
that their clients associate with the company brand. The heavy
media coverage of the large economic Champagne groups often hide
the creation and development of new and independent family run
businesses that often prevail within the ‘Grandes Marques’ and
Champagne Houses.
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* Piper Heidsieck + Charles
Heidsieck (Rémy Cointreau), |
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Martel + De Cazanove + Mansard Baillet, |
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Roederer
Louis et Théophile + Deutz, |
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* Taittinger +
Irroy |
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Thienot + Canard-Duchêne + Marie
Stuart + Joseph
Perrier +
Gobillard + Malard, |
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Duval
Leroy, |
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Bollinger + Ayala, |
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Shares listed in the Stock exchange |
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Billecart-Salmon, |
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Pol
Roger, |
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Montaudon, |
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Henriot, |
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Gosset +
Ivernel, |
| President
of the Champagne House stated on the homepage of the
brand |
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Lombard & Médot, |
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De
Telmont, |
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Gardet, |
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Bruno
Paillard, |
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Cattier. |
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Approximately 5% of the total turnover created by the Champagne
industry is made by around 30 small and medium sized
Champagne Houses.
Mainly
enjoying grape supplies from their own vineyards or from lands
associated with their family, these Houses hark back to the familial
character of the traditional “Champenoise” economy
and lifestyle and form an integral part of the region’s economic
fabric and sense of identity.
(Ranking underneath
in alphabetical order)
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