Tag Archive | "moet & chandon"

UK:  Price Of Champagne Set To Drop

UK: Price Of Champagne Set To Drop

CHAMPAGNE prices could plunge as low as £10 a bottle due to over-production in French vineyards. Industry insiders say the glut will see prices slashed by Christmas - providing a bit of festive sparkle for cash-strapped Brits. Robert Joseph, of Meininger's Wine Business International, said: "There is going to be copious cheap champagne around in December because there simply is a lot of it. "We're not going to see £5 champagne but it's not impossible that we'll see £10 and £15 bottles. "But there's no guarantee that you'll get a good buy. Moet & Chandon is not going to be discounted." Vineyard owners in France have already been hit hard by the recession, with people reluctant to splash out on luxuries like bubbly. [...more]

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