Business Insider: Champagne sales are plummeting as celebrations get canceled amid the pandemic

Business Insider: Champagne sales are plummeting as celebrations get canceled amid the pandemic. “Champagne is losing its fizz. For months, lockdown put the cork on weddings, dining out, parties and international travel — all key sales components for the French luxury wine marketed for decades as a sparkling must at any celebration. Producers in France’s eastern Champagne region, headquarters of the global industry, say they’ve lost an estimated 1.7 billion euros ($2 billion) in sales for this year, as turnover fell by a third — a hammering unmatched in living memory, and worse than the Great Depression.”