Results: Decline in Champagne Sales Linked to Waning Celebration Spirit
Published on 01/21/2025
Source: https://www.cnn.com/2025/01/20/food/champagne-sales-2024/index.html
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1.
1.
Champagne sales have lost their pop as people around the world aren't in the mood to say "cheers." The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second consecutive year of declines as inflation-weary consumers cut back and a generally glum mood permeates across the globe. Have you bought champagne or sparkling wine (including alcohol free) in the past year?
Yes
22%
647 votes
No
78%
2253 votes
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2.
"Champagne is quite linked with celebration, happiness, et cetera," LVMH Chief Financial Officer Jean-Jacques Guiony said on an earnings call. "Maybe the current global situation, be it geopolitical or macroeconomic, does not lead people to cheer up and to open bottles of Champagne." Have you felt less inclined to celebrate over the past year Yes
49%
1409 votes
No
33%
970 votes
Undecided
18%
521 votes
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3.
If you are celebrating something big, how likely is it that you will have champagne? Very likely
9%
265 votes
Likely
12%
350 votes
Unlikely
13%
381 votes
Very unlikely
24%
702 votes
It depends
14%
411 votes
I don't drink alcohol
27%
791 votes
4.
4.
Do you give champagne as gifts to celebrate when someone has an important celebration or milestone? Yes, often or always
6%
173 votes
Sometimes
16%
472 votes
Rarely
18%
517 votes
Never
60%
1738 votes
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