Champagne sales and exports are expected to fall this year, pressured by inflation and a return to a more normal rhythm after record sales in the past two years due to the lifting of pandemic-related curbs.
Read the full article on the Reuters website
NAM Implications:
- The issue is whether the champagne appetite is unchanged.
- Merely that inflation is curbing the ability to buy.
- (apart from quality always finding a market)
- Watch for next season’s early results…