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Top related persons:
Comité - 1 “ - 1 David Chatillon - 1 LVMH Moët Hennessy - 1 Dom Pérignon - 1 CNN’s Anna Cooban - 1
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Search resuls for: "David Chatillon"


3 mentions found


☆ Champagne sales fizzle after hitting Covid-era record highs
  + stars: | 2024-01-15 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Champagne sales have lost some of their pop in 2023 following a few record-breaking years of sales spurred by the end of Covid-19 lockdowns. That marks nearly a return to pre-Covid levels in 2019, when 297.3 million bottles were shipped. During its peak in 2022, sales soared by 33%, when 325 million bottles were shipped. The name Champagne is exclusively reserved for wines harvested and produced by 16,200 growers on 34,300 hectares northeast of Paris. This cost France a total of roughly $2 billion in sales, a recent report said.
Persons: Comité, “, David Chatillon, LVMH Moët Hennessy, Dom Pérignon, CNN’s Anna Cooban Organizations: New, New York CNN Locations: New York, Covid, Champagne, France, Paris
☆ Why you could be drinking more prosecco than Champagne at your New Year's party this year
  + stars: | 2022-12-30 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +3 min
Consumers are choosing prosecco over Champagne and opting for cheaper tequila amid economic uncertainty. Still, the Champagne industry is on track to beat its sales record thanks to higher-income drinkers. The premium alcohol business saw a boom in 2021 thanks to traveling and partying finally being back on the table. Sales of Champagne also reached a record high of $5.7 billion in 2021, 14% higher than the pre-pandemic record, Reuters reported. But before you feel too bad for the Champagne industry, don't worry — it's still on track to beat its 2021 sales record, David Chatillon, chairman of the Union of Champagne Houses, told Reuters.
☆ Champagne makers celebrate record sales ahead of Christmas
  + stars: | 2022-12-21 | by ( ) www.reuters.com   time to read: +2 min
REIMS, France, Dec 21 (Reuters) - Champagne sales are expected to reach a new record this year, despite inflation that could have made consumers shun the expensive bubbly, producers said ahead of the start of year-end celebrations around the world. Champagne sales reached an all-time high last year at 5.7 billion euros ($6.05 billion), as the relaxation of pandemic-related curbs fuelled a surge in exports. "We will very likely beat this record again and 2022 will be the new champagne record in terms of turnover," David Chatillon, chairman of the Union of Champagne Houses (UMC), told Reuters in Reims, in eastern France, home to some of the most famous Champagne makers. REUTERS/Sarah Meyssonnier 1 2 3Export sales were also expected to reach record highs. The war in Ukraine and sanctions against Russia had little impact on Champagne sales as bottles were re-dispatched to meet strong demand from other markets, Chatillon said.
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