Moët et Chandon has refused to comment on reports that it will invest over EUR60m (US$94.1m) in a new warehouse for three of its brands - Moët et Chandon, Dom Pérignon and Mercier.

A report in a French national paper over the weekend said that the warehouse is to be built in Oiry, near Moet's headquarters in Epernay, and would be capable of stocking over 100m bottles within the next two to four years.

When contacted by just-drinks today (9 June), however, Jean Berchon, Moet's communications director, refused to comment on the report, saying only that discussions were being held with unions, and about planning permission, for a new warehouse project in Oiry.

"Nothing is official," he said, describing the EUR60m investment figure reported as "fantasy".

Berchon did confirm another element in the report, however, that a new grape pressing facility in Romont, south east of Reims, will be open for the 2008 vintage.