Champagne Sales Drop Due To Lack Of ‘Celebration’

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Individual: Ben Shapiro

Champagne Sales Drop Due To Lack Of ‘Celebration’

Champagne sales for the first half of 2024 have dropped worldwide, and one industry executive thinks the reason is simply because there’s less joy in the world and a lack of “celebration.” Speaking on a Tuesday earnings call, CFO Jean-Jacques Guiony — with luxury goods company LVMH (responsible for such brands as Dom Pérignon, Krug and Mercier) — said that people are just not in a celebratory mood, the New York Post noted. “Champagne is quite l…