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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.
“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 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.
Chowhound on MSN
4h
Champagne Vs Prosecco: What's The Difference?
Champagne and Prosecco are two sparkling wines that may seem similar at first, but happen to be quite different. Here's what ...
1d
on MSN
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 ...
3d
on MSN
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 ...
Drinks
2d
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 ...
5d
on MSN
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 ...
Euro Weekly News
3d
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 ...
Irish Independent on MSN
3d
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 ...
Yahoo Malaysia
1d
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 ...
2d
on MSN
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 ...
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