Moët Hennessy Acquires Stake in Alcohol-Free Sparkling Wine Brand French Bloom
The investment marks Moët Hennessy's first foray into nonalcoholic wine, aligning with growing consumer demand for alcohol-free options.
- Moët Hennessy has acquired a minority stake in French Bloom, a nonalcoholic sparkling wine brand founded by Maggie Frerejean-Taittinger and Constance Jablonski in 2019.
- French Bloom uses a unique winemaking and dealcoholization process to create its organic Chardonnay and Pinot Noir sparkling wines.
- The brand has rapidly expanded since its 2021 launch, now available in over 30 countries and recognized for its quality with awards in 2022 and 2023.
- Moët Hennessy's investment reflects a strategic move to cater to the increasing number of consumers seeking high-quality, alcohol-free beverages.
- The backing from Moët Hennessy is seen as a significant endorsement of the alcohol-free movement, which is particularly popular among Gen Z and health-conscious individuals.