Brexit, yellow vests take fizz out of champagne sales

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For the first time in a century, more bottles of champagne have been sold overseas than in France. champagne

Bottles of champagne are displayed at a Nicolas French wine specialist store in Paris, France.

“The fall in volume is becoming a bit worrying, with the slowdown in France and Britain not compensated by higher sales outside the European Union,” CIVC co-president Jean-Marie Barillere told Reuters.French sales fell 4.2% to 147 million bottles, with more bottles sold abroad than in France for the first time in 100 years, as a slow economy and the yellow vest anti-government protest movement weighed on sales.

In Britain, sales fell for the third year in a row, due in part to uncertainty sparked by the country’s planned departure from the European Union.

 

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