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Champagne Loses Fizz With Economy

Industry is worried a tough holiday season will leave sales flat

By Jim O'Neill, Newser User

Posted Nov 17, 2008 10:18 AM CST

(Newser) – Champagne companies are anything but bubbly this year as they head into what’s predicted to be a “horrible” holiday season, hurt by a sagging US economy and weak dollar, reports Advertising Age. November and December are crucial for the industry, with as much... Read full story »

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Champagne Loses Fizz With Economy

Industry is worried a tough holiday season will leave sales flat

holiday shopping • weak dollar • Champagne • Pernod Ricard • financial crisis

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More Newser Stories

Count the US Dollar Down, But Not Out

Fears of a looming currency crash are overblown

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Likes of Hitachi, Pioneer don't have staying power of Sony and other giants

Gift-Givers Get Crafty In Tight Holiday Times

Sales of craft supplies and handmade items shine

Holiday Sales Surge on Deep Discounts

But retailers worry huge bargains may cut deeply into their profits

Wal-Mart Death a Fitting Symbol of the Times

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