Economics

France pours more aid as wine sector faces ‘Major Difficulties’

This week the government of France stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and U.S. tariffs curbed exports. “The state will increase to 250 million euros its support plan to wine growing and we will request this aid to be distributed as […]

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Millennials are vital to Champagne’s future  

“Millennials are vital to Champagne’s future… because they are willing to look beyond the ‘just for celebrations’ mantra,” states Françoise Peretti, Director of the UK’s Champagne Information Bureau. Millennials are deemed to be more digitally connected and open-minded than baby boomers. Peretti further stressed the need to attract a younger generation of drinkers, and the

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Good News: South Africa wine exports go-ahead during lockdown

The South African wine industry has been given authorization to export wines during the country’s current lockdown. Following intense lobbying of the South Africa government by an Industry Exporters Task Team, the Minister of Transport stated in a release yesterday, April 7: “During the lockdown period, the transportation of the wines and any other fresh

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Champagne exports overtake domestic consumption in 2018

Estimated figures for total shipments during 2018 show that more Champagne was consumed in foreign markets than France for the first time in over 50 years. The two presidents of the Comité Champagne, Maxime Toubart and Jean-Marie Barillère announced last week that declining shipments in mature European markets – especially France – and growth in

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Champagne shipments for 2017

The final figures for Champagne shipments in 2017 were recently announced. Total sales amounted to 307.3 million bottles, which is + 0.4% compared to 2016. The French market dropped by 2.5% with 153.7 million bottles. “A decline stronger than expected due to disappointing sales in December,” commented Maxime Toubart, president of the Syndicat Général des Vignerons, co-president

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TNS Report predicts glittering future for Champagne and sparkling wines

It may seem surprising that in these times of economic doom and gloom consumers should be increasing the amount of sparkling wines and Champagne they drink but according to new research by TNS that’s exactly what’s happening. Based on an independent global survey of over 39,000 people in 17 markets – the Commitment Economy –

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