Wednesday, December 30, 2015

Champagne Sales Set A Record For 2015

Bottles of Champagne are displayed at Dilettantes wine shop in Paris, France, Dec. 31, 2015.

VOA: Champagne Sales Set for Record Year

PARIS — Champagne sales are set for a record year, driven by solid demand from export markets, favorable currencies and stabilizing sales in France, the fizzy drink's home market.

Industry estimates gathered by Reuters showed that about 312 million bottles of the prestige sparkling wine will have been dispatched in 2015, a rise of between 2 and 3 percent from 2014.

Revenue has risen 4.4 percent to 4.7 billion euros in 2015.

In 2007, the record year so far, revenues reached 4.56 billion euros, before the global economic and financial crisis began weighing on the market a year later.

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Editor: I guess this means that the prices are not going to go down. :(

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