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Another Bubble Goes Pop

This makes me a little sad. As someone who was born nine months after New Year's Eve (and of course I have a bubbly personality), I think champagne at the start of the year is a lovely tradition:

There will be little celebration for champagne makers this year.

After last year's strong 4% sales gain, the biggest since the buying frenzy in 1999 to ring in the new millennium, champagne makers are feeling the impact of the sour economy from $5 sparkling wines to $100 bottles of champagne.

"I don't have a bright outlook for champagne this year," says Frank Walters, research director for Impact, which expects the category to be down 1% to 4%, from about 900 million glasses sold in 2007.

"Luxury items are getting hurt, people are looking for value, restaurants are getting clobbered and with unemployment rising, people are watching their shekels."

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26 Comments
ysbaddaden's picture
)O(

Where are the winos when we need them?

Oops, sorry, oenophiles.


Diabolus est Deus Inversus

jeff's picture

Being a seller of a lot of wine over the years I will tell you what I and many others think of Champagne, it is a shitty chardoney with bubbles. About time a little reality has come to the wine market, it has been over priced for years.

Edwin's picture

Now two bubbles are popped?? I dunno, I always kinda liked it. I don't drink anymore, so...


far left loon >.<

Milquetoast's picture

...who cares Marge!...it has bubbles! ...mmmmmmm bubbles!

I think Champagne bubbles are a greenhouse gas. ...so its probably a good thing!

Boycott Champagne! ...save the planet!

If they can tax methane from cows why not CO2 from champagne bottles?


audit-prosecute-incarcerate

ysbaddaden's picture

Where's Pissed Off Patricia?


Diabolus est Deus Inversus

Gunsandbigots's picture

bush being pissed off I would assume.

pissed off patricia's picture

I'm right here and I'm trying to figure out how my name got into this post. ;)


Say what you mean. Mean what you say. But don't say it mean.

ConcernedCanuck's picture

When the economy goes downhill, people drink more. Making even more alcoholics. Government likes it, cuz they get the tax dollars from it.

Milquetoast's picture

that movie theatres do well in bad times...dont know if it's true.


audit-prosecute-incarcerate

BigD145's picture

Have you seen the price of a movie? They will not do well. Rentals will do well, though.

Gunsandbigots's picture

Merry Christmas, happy holidays and happy New Year from Bush and a big Go fuck yourself from Cheney!

They all suck's picture

I've seen the late 1940s through today.

Today is different.

There are clever people here and elsewhere on blogs.

Some (like me) suck sometime.

But today is different from anything I've seen.

My suggestion: When the official says, "Go this way.", go in a different direction.

Peace. And good night.

Cat Atomic's picture

They'll make up for lost sales on January 19th. I know I'm getting a few bottles.

trying to break something with a well-aimed cork, especially at a guest's house...


"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."

---Southwest Airlines

ysbaddaden's picture

Talk about breaking something:

http://www.youtube.com/watch?v=O3ejlkzDCuc


Diabolus est Deus Inversus

.


"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."

---Southwest Airlines

Blue Lensman's picture

Think of it as one less headache. That's mostly what I get from Champagne.

dgans's picture

Well hell, I did my part. Bought two bottles (totaling $200) for my beloved this holiday season. That ain't chicken feed on my budget - but entirely worthwhile.

ysbaddaden's picture

Diabolus est Deus Inversus

kablooie's picture

Support your local brewer/vineyard!

BigD145's picture

Buy the simplest garbage they've ever made? How about complimenting them by buying a good bottle of wine?

chaking's picture

Oh yeah... whenever not enough alcohol is being consumed, I get tears in my eyes too....

JohnnyThief's picture

...this year people are going for more bang for their buck. I imagine rather than reservations at black tie galas in the city, it will be passing a bottle of bourbon around the campfire with a TV on an extension cord,...

Dutch's picture

Unemployed again....born nine months after New Year's....don't tell me it's 1963 as well.
That'd be too creepy.

wife of the swami's picture

Prosecco and Cava are the better choices these days when drinking bubbly. Prosecco is Italian and Cava is Spanish. They're far less expensive than Champagne and, in my humble opinion, far tastier!

Chopvac's picture

What's to celebrate?

I thought I was starting to feel old when people born in 1980s were becoming adults.

Now that people born in the 1990s are becoming adults, I feel ancient.

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