Moet’s Bubbly Chandon Spritz Aperitif Takes On Aperol

  • Argentina-produced Garden Spritz to compete with Aperol
  • Vodka a weak spot as nightclubs remain shut, Moet CEO Says
WATCH: CEO Philippe Schaus discusses Moet Hennessy’s recovery from the pandemic, the recent frost in France, and the launch of a new aperitif.(Source: Bloomberg)

Moet Hennessy is betting on a new bubbly for those ready to socialize and sip aperitifs on sunny terraces as lockdown restrictions ease.

The drinks maker -- part of luxury group LVMH -- is launching Chandon Garden Spritz, a sparkling wine made in Argentina that’s set to compete with other brands such as Aperol Spritz.