Champagne Makes 180 Degree Turn in Performance

Pernod Ricard Ups 2021 Profit Forecast

Volume 329 | June 23, 2021 Champagne Makes 180 Degree Turn in Performance The Comité Champagne has declared champagne is back to growth after an 18% decline in 2020. For the months of April and May champagne shipments increased by 200% and 150%. If the current level of growth is maintained, champagne may return to its pre-Covid global market size of almost 300 million bottles in annual shipments by the end of the year. “It is a 180 degree turn relative to what we had one year ago at the same time, when we were stuck and there were dark days ahead,” said Francois Van Aal, chairman of Lanson. “But now the market is reopening and it might come back stronger and bigger.” Further reading: The Drinks Business INDUSTRY NEWS Pernod Ricard Ups 2021 Profit Forecast Source: The Spirits Business To-Go Cocktails Are Sticking Around In Some States Source: Washington Post Top 10 Fastest-Growing Spirits Brands Source: The Spirits Business These 5 Branding Factors Will Take Your Business to the Next Level Source: Entrepreneur PRESS RELEASES Grey Goose Essences Teams Up With SZA For “In Bloom,” A One-Of-A-Kind Virtual Experience Source: Spirited Zine Sarah Jessica Parker’s Wine Brand Introduces 2020 Rosé Vintage Source: Cheers Watershed Distillery Debuts Bottled-in-Bond And New Blended Bourbon Source: Spirited Zine More Resources From Park Street University  Video Library Park Street Insider Podcast 2021 Event Schedule Interested in participating in Park Street University? Get in touch at psu@parkstreet.com Click Below to Join our Park Street Insider News Mailing List SUBSCRIBE NOW CONNECT WITH US ‌ ‌ ‌ ‌ ‌ Want to learn more about Park Street's services? Request a consultation Park Street's mobile app is available for download on both iOS and Android platforms.

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