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Champagne sales sink because people don’t want to celebrate (Thanks, Brandon!)
Channel 3000 News/CNN ^ | January 20, 2025 | CNN Bitter LOSERS

Posted on 01/20/2025 6:58:59 AM PST by Diana in Wisconsin

Champagne sales have lost their pop as people around the world aren’t in the mood to say “cheers.”

The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second consecutive year of declines as inflation-weary consumers cut back and a generally glum mood permeates across the globe.

That’s according to new report from Comité Champagne, a trade association representing more than 16,000 winegrowers and 320 Champagne houses, which painted a dour picture of the industry that aligns with sales of other alcoholic beverages.

Maxime Toubart, co-president of the organization, said bluntly that this is “no time for celebration, with inflation, conflicts around the world, economic uncertainty and a political wait-and-see attitude in some of Champagne’s biggest markets,” including the US and France.

Sales in France of the home-grown beverage also dipped 7%, to 118 million bottles, because the “domestic market is still suffering from the prevailing gloomy political and economic context,” the statement said. France held a snap election over the summer that resulted in a hung parliament.

French luxury giant LVMH first signaled in July that 2024 was going to be a rough year for Champagne when it reported a 15% decline in sales of bubbly for the first half of the year.

Despite the declines, the association’s co-president David Chatillon reiterated that Champagne is a “solid, sustainable organisational model that has proved its value, even in the face of adversity, which gives it confidence in the future.”

(Excerpt) Read more at channel3000.com ...


TOPICS: Agriculture; Business/Economy; Conspiracy; Society
KEYWORDS: champagne; clintonnonnews; cnn; economy; sales; soundslikebs; world
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To: Diana in Wisconsin

“Champagne is quite linked


c02 and global warming?


21 posted on 01/20/2025 7:41:41 AM PST by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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To: PeterPrinciple

What happened to the 81 million voters from 2020? Did they just stay home this time, I guess democrats should have “cured” more ballots. If it was ballot curing that got them their victory in ‘20,, why didn’t they do it again? I guess they were just too lazy.


22 posted on 01/20/2025 7:55:59 AM PST by ozarker
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To: Diana in Wisconsin

“Sales in France of the home-grown beverage also dipped 7%“

Islam proscribes imbibing, no?


23 posted on 01/20/2025 8:11:34 AM PST by TalBlack (Time to use the Law and the Power. Good luck Mr. President.)
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To: Starboard

I can finally pop my bottle from 2020 of Trump Vineyard sparkling Wine.


24 posted on 01/20/2025 9:30:34 AM PST by cnsmom
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