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Champagne sales are reportedly on decline, new report finds

“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,

CNN on MSN · 1d

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.”

TheStreet on MSN · 10h

Champagne sales dip for the second year in a row

TheStreet’s Conway Mittens brings you the biggest news of the day, including what investors are watching and why champagne sales have fallen flat.

15h

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 ...

Business Insider4y

Why Champagne is so much more expensive than other sparkling wines

Following is a transcript of the video. Narrator: Champagne is synonymous with wealth and luxury. It often costs double the price of other sparkling wines, such as prosecco or cava. A decent ...

The Mirror1y

Lidl slashes price of champagne that tastes 'better than Moet and Chandon' to under £10

Lidl has slashed the price of its award-winning champagne to under £10. The Montaudon Champagne Brut has been reduced in price from £14.99 to £9.99 until December 31. The deal is limited to ...

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Champagne sales are reportedly on decline, new report finds

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