Moet Hennessy Rebrands Champagne To “Sparkling Wine”

French champagne maker Moet Hennessy will begin rebranding its champagne as sparkling wine in the Russian market in compliance with the country’s new law.

The company’s decision comes after President Vladimir Putin signed a law last week requiring non-Russian wine producers of sparkling wine, including those from Champagne, to brand their products as sparkling wine on the…