“No time for celebration”: Champagne sales are reportedly on the decline, new report finds
A new report from Comité Champagne — an organization consisting of key players in champagne production, including growers, cooperatives and merchants — found that the total number of champagne shipments from France dropped nearly 10% last year,
Champagne sales decline: Have people stopped celebrating?
Champagne sales have fallen to their lowest levels in over two decades, with shipments down nearly 10 per cent globally. Economic uncertainty, political instability, and changing consumer habits have contributed to this slump,
Champagne sales fizzle out because people don’t want to celebrate
“Champagne is quite linked with celebration, happiness, et cetera,” LVMH Chief Financial Officer Jean-Jacques Guiony said on an earnings call. “Maybe the current global situation, be it geopolitical or macroeconomic, does not lead people to cheer up and to open bottles of Champagne.”
Champagne Loses Its Spark as Global Sales Decline
French Champagne shipment dropped 9.2% in 2024 due to economic uncertainty, and changing consumer preferences in key markets.
Champagne sales lose their fizz as mood gets darker globally
Champagne sales have declined globally, with shipments from France dropping nearly 10 per cent last year, marking the second consecutive year of decline. According to CNN, Comité Champagne, a trade association representing over 16,
With little to celebrate, global champagne sales go flat
Related: Why alcohol sales are declining In other business headlines, military conflicts in several parts of the world, global political uncertainty and dissatisfaction, and inflation’s stubborn will not to go back down - are all taking a toll on the world’s party vibe.
Champagne sales go flat as global political, economic woes put a chill on celebrations worldwide
This glass is half empty. Champagne shipments from France have slumped for a second straight year as consumers are more closely minding their pocketbooks and the state of the world has put people in an overall sullen mood,
Champagne Sales Have Dropped for a Second Year in a Row
Champagne is having some problems. For the second consecutive year, and with no cause for celebration in sight, shipments of ...
Euro Weekly News2d
No time to celebrate in France as champagne troubles amplify wider economic issue
France’s champagne exports and sales have plummeted in 2024, forming part of wider issue for French economy and politics, as ...
Champagne Shipments Tumble Again as Luxury Slowdown Worsens
Champagne shipments dropped for a second straight year in 2024 as fewer shoppers splashed out on the French bubbly amid a ...
Champagne shipments hit by gloomy consumer mood in 2024, producers say
French champagne shipments fell by nearly 10% last year as economic and political uncertainties hit consumers' appetite for ...
Irish Independent on MSN2d
Economies in the US and France take fizz out of Champagne as sales tumble
Champagne shipments from France fell by nearly 10pc last year as economic and political uncertainties hit consumers’ appetite ...
Christina Haack Reveals She Has Brand New Champagne Brand Coming Out Soon: 'Been Waiting My Whole Life for This'
HGTV star Christina Haack shared a series of Instagram posts, revealing that she's deep in the development process of ...
Champagne exports are slumping because people aren't in the mood to celebrate inflation and conflicts, chief of French producers' association says
The head of the Champagne producers association said that with inflation, global conflicts and economic uncertainty, this is ...
Drinks1d
Champagne volumes down in France and in export markets
France-based champagne trade body Comité Champagne reported that volumes have decreased in 2024 in France and in export ...