Champagne sales plummet amid Covid-19 pandemic
Sales of champagne, one of France's most iconic products, have tumbled over the past year amid the Covid-19 pandemic, with industry representatives estimating that some 100 million bottles will be left unsold. FRANCE 24 reports.
"When venues where people drink such as cafes, hotels and restaurants are closed, when weddings and music festivals are called off, people drink less champagne," noted Maxime Toubart, president of the General Union of Champagne Producers.
However, Toubart cautioned that lower demand will not necessarily lead to lower prices: "It's important to maintain the product's value because cheap champagne could lead to the impression of being bad champagne."
Click on the video player above to watch FRANCE 24's report.
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