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Champagne sales estimated to have fallen by $1.2 billion in 2020 due to pandemic – Tampa, Florida

Tampa, Florida 2021-01-29 14:00:37 –

Champagne sales were hit worldwide, primarily by the coronavirus pandemic.

According to Comite Interprofessionnel du Vin de Champagne (CIVC), an organization of people assigned under the direction of the French government designed to regulate champagne production, champagne sales fell by $ 1.2 billion in 2020. It is estimated.

This reduces the volume by 18%.

“In the face of an unprecedented crisis, our sector’s organizations have proven its resilience. Together, Champagne winemakers and homes made wise decisions about yields last year. Agreeed adjustment [on January 25] Maxim Tubalt, co-president of Comite Champagne and president of Cindycat General Devigneron, said: Press release..

by Forbes, The industry was already dealing with new sales rules in France. This limited special promotions in 2019 and the impact of climate change in the event of a pandemic, resulting in the closure of bars and restaurants and the cancellation of major events and parties.

“Despite the crisis, champagne feels the need to maintain something special in everyday life and choose high quality products when many other pleasures are not available due to the health crisis. It continues to be loved by consumers, “added Jean-Marie Barriere. In the statement, Co-President of Comite Champagne and President of Union de Maison de Champagne. “Being a fame among our consumers, and above all a quality champion, is the strength and power of our appellation.”

However, the forecast doesn’t seem to be that bad, and while previous estimates predicted a 30% reduction in sales, it wasn’t.

After overcoming the global economic crisis of 2009, producers have taken the necessary steps by adjusting grape yields “to help the champagne industry confidently approach 2021.” Said that.



Champagne sales estimated to have fallen by $1.2 billion in 2020 due to pandemic Source link Champagne sales estimated to have fallen by $1.2 billion in 2020 due to pandemic

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