French Champagne to hotels group, Taittinger, reported turnover of €788m (US$686m) for 2001, representing an increase of 3.4% from 2000. However, turnover showed a 12% decline to €204m ($177.5m) in the fourth quarter. In addition to its well known Grande Marque Champagne, Taittinger also produces wines and spirits and operates hotels and restaurants.