He added today’s global sour mood is “no time for celebration,” which has even played out in Champagne capital-of-the-world France, where sales have slid 7% to 118 million bottles, and the “domestic ...
“Champagne is quite linked with celebration, happiness, et cetera,” said Jean-Jacques Guiony, the Chief Financial Officer of luxury goods conglomerate LVMH, during a recent earnings call.
Maxime Toubart, co-president of Comité Champagne, told CNN that now is “no time for celebration, with inflation, conflicts around the world, economic uncertainty and a political wait-and-see ...
Shipments of Champagne have slumped in 2024 because consumers are not in the mood for celebration, according to Comité Champagne, the Champagne producers association. Global exports of Champagne ...
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