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Champagne makers hope pick up in quality will put fizz back in demand
['Thomson Reuters']
Kalamazoo | WKZO | wkzo.com
PARIS (Reuters) -Favourable weather has improved the quality of champagne grapes this year, producers said on Thursday, providing some good news at a time of fading demand for the French sparkling wine.
The reductions were aimed at addressing falling demand amid a global decline in alcohol consumption, economic uncertainty, and concerns over U.S. President Trump’s import tariffs.
Grape-picking is over in Champagne, as in other French wine regions, and this year’s vintage looks set to be a good one.
LOOKING FOR NEW MARKETS“We were lucky to have good weather in the right place at the right time,” Maxime Toubart, chairman of champagne growers group SGV, told reporters.
The U.S. tariffs highlight the need for champagne makers to find new markets, producers said.