Champagne exports lose their fizz
France's Champagne producers shipped fewer bottles of bubbly last year in another sign of softness in the luxury market. Foreign shipments f...
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France's Champagne producers shipped fewer bottles of bubbly last year in another sign of softness in the luxury market. Foreign shipments f...
Champagne producers in France experienced an 8.2% drop in foreign shipments last year, according to the Comite Champagne, reflecting challenges in the luxury market. Domestic shipments also fell to the lowest level in almost four decades, excluding 2020. While the French are the largest consumers of their own sparkling wine, economic factors, including inflation, have affected household budgets.
Champagne sales and exports are expected to fall this year, pressured by inflation and a return to a more normal rhythm after record sales in the past two years...
Champagne sales and exports are expected to fall this year, producers said on Wednesday 19 July.
Champagne sales and exports are expected to fall this year, pressured by inflation and a return to a more normal rhythm after record sales in the past two…