Champagne sales in France fall 20% in a year – media ...News

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Champagne sales in France fall 20% in a year – media
Consumers are reportedly opting for less expensive sparkling wines Sales of champagne in France have dropped by more than 20% this year due to skyrocketing prices for the sparkling beverage, the BFM Business TV channel reported on Tuesday. The average price for a liter of champagne is reportedly hovering around €30 ($32), causing the French to opt for alternatives such as Alsace cremant and prosecco, which are up to five times cheaper. “Champagne is going through tough times because it’s too expensive for many French people,” Dominique Schelcher, CEO of retail cooperative Systeme U, told the media. “Other sparklin

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