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 ...
Today is a good day to have some bubbly. :)
I’ve got a bottle in the fridge! I’m doing my part. :)
I’ll be enjoying my Trump Wine in less than 2 hours.
It’s tough to celebrate with Dom Perignon on a Champale budget.
I like Proseco over Champagne anyway.
Champagne is way overrated.
I never much cared for it.
I’d rather have a cold Dr. Pepper!...............
Thanks for the reminder!
I split a bottle of proseco last night celebrating Second New Year’s Eve.
Today is Second New Year’s Day.
Get cheap champagne and Ripple. Champipple. (Red Foxx)
You’ve got that right! MAGA! :)
Under biden, there was no money for champagne, and no reason to celebrate.
I qm celebrating with a good hot cuppa hoisted high in a toast.
In the hope that freedom-loving patriot brothers and sisters in the UK will soon share our joy.
I would agree whole heartedly with that. Never any after-effects with a good Dr. Pepper! Champagne never tasted that great to me, hence I never really got started on it & have no regrets about it to this day.
I thought Diet Coke was the order of the day
Had I not quit drinking, it’d be a case of Dom over the next two weeks. A great day for America!
Spare a thought for us up here in gay North Dakota too.
LOL, we are having a viewing party - which will start at 9 AM on the West Coast.
Since it’s morning, we’re celebrating with bloody marys...
90 more minutes - can’t wait!!
But NOW there is.
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