Champagne Wishes!!
Champagne Sales Surge in Sluggish Economy
Amazingly champagne sales have surged during 2011 despite the less than effervescent economy. Industry sources say that 192 million bottles of the French bubbly were shipped abroad in the first three quarters of the year, and with the expected holiday season surge, sales could near or top the record 339 million bottles shipped in 2007, the year before the crash.
In 2008 and especially 2009 sales slumped given the global downturn and the fact that producers cut production to protect prices.
Already top French labels are 15% ahead of 2010, a trend which reflects a surge in many luxury products.
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