New York CNN —
Champagne sales have lost their pop as people around the world aren’t in the mood to say “cheers.”
The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second consecutive year of declines as inflation-weary consumers cut back and a generally glum mood permeates across the globe.
That’s according to new report from Comité Champagne, a trade association representing more than 16,000 winegrowers and 320 Champagne houses, which painted a dour picture of the industry that aligns with sales of other alcoholic
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