Champagne shipments from France declined by more than 10% in 2024 – with many industry experts attributing the fizzling market to the entire planet’s collective bad vibes.
“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 ...
CHICOPEE, Mass. (WWLP) – People are not popping champagne like they used to this New Year’s. Northampton to host 40th annual ‘First Night’ celebration USA Today reports that there has been a 15% ...