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Champagne Sales Fell 18% Last Year As Pandemic Weighed

Champagne fell flat last year, with sales tumbling as the pandemic forced drinking venues to close and celebratory events were put on ice, although some year-end cheer meant the decline was less steep than initially forecast.

Read the full article on the Reuters website

NAM Implications:
  • Key issue is the extent to which the Grocery channel can make up the difference…
  • …and the resulting impact on the on-trade business…
  • …medium and long term.